
Poor performers - a distracting drag and risk
Small stressed or distressed subsidiaries can be big problems when they compromise key corporate strategies
Sector: Construction services
Situation: UK group focused on investment into a new green tech solution, but had a small service business which was loss making / distracting and complicating / endangering the capital raising exercise
Solution: Disposal to independent co control
Outcome: Cleared decks for focused presentation of main co innovation proposition to investors
Trading co trading stabilised and regrown under independent control