Industry: Fashion & Textile
Deal Type: Financial restructuring
Closing Date: 2015
Deal Description:
Canepa Group has successfully renegotiated Euro 75,000,000 of bank debt
Canepa Group (www.canepa.it) is based in San Fermo della Battaglia (CO) and is a world leader in high-end silk weaving and manufacturer of fine fabrics in cashmere, wool, cotton and linen with a turnover above 100 million EUR.
Role of Lyra:
Lyra Partners acted as financial advisor to Canepa Group
Tasks of Lyra included:
- Analysis of the economic and financial situation of the group and preparation of the business plan
- Assistance in the definition of a coherent financial restructuring plan
- Assistance in M&A’ deals functional to the business plan
- Preparation of documents and information concerning the restructuring plan
- Coordination of the activities of the other consultants involved in the transaction
- Assistance in the negotiation and execution of the renegotiation agreement