Disinfectant Wipes Manufacturer Reacts to Changing Market Conditions

Liquidated the company’s assets, and paid off secured lender in full

The Company: A disinfecting wipes manufacturer

The Issue: A major drop in orders due to unforeseen, rapidly changing market conditions

The Work:

• Responded to changing market conditions by consolidating two factories and substantially reducing headcount and other expenses
• Worked with secured lender to hire an auctioneer who conducted auctions in both locations
• Liquidated unsold excess inventory and machinery