Company X, a manufacturer of critical automotive parts, has decided to close several production facilities in North America as part of its global restructuring efforts.
The company was considering the possibility of transferring the business to an external party (M&A), and if the M&A was unsuccessful, the company was considering the steps to sell the assets.
The client selected Gordon Brothers Japan (GBJ) as an advisor who could provide one-stop, total support for this cross-border transaction.
Solution
In the initial stage of the study, GBJ determined the most appropriate method and sale price for the main assets.
When the asset disposal project was finally initiated (after M&A had been abandoned), GBJ assisted in the selection of the most suitable local vendor and the establishment of a timeline, and in the negotiation of contract terms.
GBJ provided total support for the liquidation of multiple assets, from real estate to machinery and equipment.
Results
GBJ supported the client in the cross-border project for multiple types of assets, starting from the initial assessment of the most suitable sale method and pricing, to the final sale of the assets.
During the COVID-19 pandemic, we leveraged our global partner network to provide remote cross-border project support to ensure project timelines were met and revenue and expenditure plans were achieved.
