BDO Corporate Finance advised Logson Group on their successful refinance in December 2011. Logson Group is the UK's leading independent corrugated packaging group, manufacturing corrugated packaging and a wide range of cardboard boxes and displays. BDO advised the Group throughout a competitive process, including project managing the overall process, advising on banking offers and negotiating key aspects of the terms. The refinance process was completed alongside a Group reorganisation, which drove a tight timetable for completion which was successfully achieved.
“Logson Group needed to form a group of jointly-owned packaging interests and part of this included the rationalisation of existing banking relationships. BDO assisted us to manage a competitive re-banking process, taking much of the pain away and allowing us to continue to run our business throughout this process. Their guidance and assistance greatly helped us successfully rationalise and renegotiate our banking arrangements. BDO were committed and responsive throughout the whole process, providing client service that added genuine value at all stages. I would have no hesitation in recommending their services to potential clients.”
Michael Stephenson of Logson Group