Texon International Group Ltd

Year 2004 – 2013 on-going
Company Texon International Group Ltd
Sector Manufacturing
Activity Manufacture and distribution of shoe components
Ownership Bank
Icknield role Appointed in 2004 as interim FD and CRO becoming a NED post restructuring
Key achievements Restructuring implemented in 2005 via an organised receivership to deal with legacy liabilities and create a corporate structure which has enabled a business turnaround
French businesses brought back out of an insolvency process
New funding need contained via intensive cash management programme
Worked with chairman to deliver new management teams over extended period
Active non exec role to support/guide management post restructuring
Awards International Turnaround award in 2012 by the Institute for Turnaround
Contact for further info steve@icknield.com