R&S Advisory advised PM Group in the preparation of a new business plan and in negotiating with banks the terms and conditions of a bank debt restructuring agreement pursuant to art. 67 of the Italian Insolvency Law.
€50,000,000 debt restructured
Cranes & Aerial Platform – Industrial
PM Group S.p.A. is a leading Italian manufacturer of truck mounted hydraulic cranes (under the brand “PM”) and high-quality platforms for overhead work (under the brand “Oil & Steel”).
Headquartered in Modena, PM Group has a strong presence abroad through direct sales offices in North America, Argentina, Chile, Mexico, England, France, Spain, Germany, Russia and Singapore.