Accreditation Criteria
- Recognised as a reputable professional services firm with turnover in excess of £40m.
- Over 15 years relevant experience in audit, accountancy, tax, restructuring, insolvency and advisory services.
- Dedicated UK based personnel with over 10 years relevant experience working in the automotive sector, and with the capacity to progress Safe Harbour cases in a timely and professional manner
- Financially robust, and able to manage Safe Harbour cases through to the end of the Safe Harbour period
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Description of company servicesAt Grant Thornton UK LLP, we know about the automotive industry because we have worked in it, both as advisors and in senior positions for OEMs including Jaguar Land Rover, General Motors and Tier One suppliers. We are one of the few firms that can advise you across the whole automotive supply chain from raw materials to dealerships. This means you will get a solution that works in the real world, not just in theory.
We have a marketing leading Restructuring team with extensive experience of working alongside management teams and key stakeholders to maximise the situation in a distressed scenario. This can be through assisting corporates with stakeholder management, gaining access to new finance, assisting management teams in devising and communicating their business plan or through supporting M&A opportunities. We are also one of the world’s leading financial and business advisors, we believe our global footprint of member firms, in-depth sector knowledge and network of industry experts, places us in a unique position to deliver a fully integrated service; providing clients with the comfort of a dedicated and bespoke service from a single source provider.
In addition to our core services of advisory, audit and tax, we have in-house expertise to deliver operational support to management teams. We can support you with the project management and delivery of complex international reorganisations and re-financings, as well as the implementation of operational improvement programmes. We also have extensive experience in complex cross-border accounting and taxation structures, audit, M&A and due diligence assignments.
Relevant links
https://www.grantthornton.co.uk/industries/automotive/
https://www.grantthornton.co.uk/en/services/restructuring/corporate-restructuring/
https://www.grantthornton.co.uk/en/services/consulting/business-consulting/operations/
https://www.grantthornton.co.uk/en/insights/three-actions-to-improve-automotive-business-viability/
https://www.grantthornton.co.uk/insights/will-the-automotive-industry-bounce-back-post-lockdown/Disclaimer
© 2020 Grant Thornton UK LLP. All rights reserved.
‘Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires.Grant Thornton UK LLP is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate one another and are not liable for one another’s acts or omissions. This information has been prepared only as a guide. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material in this publication.
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Squire Patton Boggs’ Automotive team represents manufacturers, OEMs and suppliers – and has done so ever since the invention of the car.
All automotive companies are facing huge challenges: rapid changes associated with zero emissions, the impact of technology on all vehicles, a wide range of supply chain shocks, the energy crisis and a looming recession. As a result, we recognise that a number of companies in the automotive supply chain may need to make changes to their business and that some may face financial stress.
Alongside SMMT, our aim is to find ways to help businesses restructure and/or make changes to their supply chain arrangements which, in partnership with their customers and suppliers, will provide the necessary tools and support to tackle those challenges.
We have one of the most respected automotive legal teams worldwide with a real understanding of our automotive clients’ needs, having handled transactions including:
- some of the most significant restructurings in the industry;
- local, national and cross-border M&A deals and joint ventures;
- supply chain negotiations and renegotiations;
- zero emissions;
- connected vehicles;
- product liability litigation work.
In so doing, we are at the cutting edge of new developments in the automotive industry around the world and we welcome the opportunity to discuss how we can best support your business.
Relevant Materials
Restructuring Round-Up Podcast
Common Signs of Stress and Distress
The Impact of Major Supply Chain Shocks on Contracts
How to De-Risk Your Supply Chain
How to De-Risk Your Supply Chain (Short Form)
How to Identify Distress in Your Business and Those You Do Business With
Subscribe to our Blogs
Libraries
Restructuring Thought Leadership Library
Employment Law Thought Leadership Library
#How2todo Pensions Quick Guides
Contacts
Get in touch with one of our experts Simon Jones or Devinder Singh, for further information and support.
