Manufacturing

manufacturing

"Specialist industry knowledge is the key to recovering value in the manufacturing sector."

It is not easy to operate in the manufacturing sector. Barriers to entry are high, with expensive machinery and tooling, and a high level of education and experience often needed for success. Profit margins are also often low with pricing pressure and the constant concern that one’s product/s might become redundant if technology changes. With the risks involved, it’s good to be able to call on experienced people for help at critical times in a company’s life cycle.

At McDonald Vague we have team members who are not only skilled at turnaround and insolvency issues, but also have practical experience either as owner operators, or working in and with manufacturing firms on assignments involving high tech industrial production, cabinetry, printing, wine making, electronics, clothing and jewellery.

Having someone with first-hand experience, who understands the complex issues faced and how to achieve the best outcome is a huge advantage. If you would like a no obligation discussion to help you decide on your next move, please don’t hesitate to call us.

Many of our assignments in the manufacturing sector are confidential, and are discussed only with the directors and shareholders of the companies we deal with. However, we have also managed the following manufacturing related assignments:

• Auckland Steel 2000 Limited (In Receivership & In Liquidation)
• Carlson Limited (In Liquidation
• Digiprint Limited (In Liquidation)
• Federation Clothing Limited (In Liquidation)
• Global Textiles Limited (In Liquidation)
• Goode Industries Limited (In Liquidation)
• Pilgrim Wine Estate Limited (In Receivership)
• Public Gallery Limited (In Liquidation)
• Shears & Mac Limited, Shears & Mac GP Limited and Shears & Mac (Australia) LP
• Topclass Kitchens Limited and Topclass Manufacturing Limited (both in Liquidation
• Vintage 2008A Limited, Vintage 2008B Limited, Vintage 2009A Limited, and Vintage 2009B Limited (All In Receivership)

Our team members:

• Include staff with extensive practical manufacturing experience.
• Are focused on maximising recoveries.
• Have contacts to assist in the intricacies of re-financing and re-structuring lending.
• Are skilled at resolving and managing legal disputes with borrowers and guarantors.
• Are very experienced at recovering debt.
• Are experienced at handling litigation, but seek to settle matters wherever possible.
• Implement innovative realisation strategies designed to maximise recoveries.

McDonald Vague's experience throughout the manufacturing sector is wide, including:

Clothing industry

Engineering Component Production

Cabinetry and Joinery

Jewellery

Kitchen manufacturing

Printing

Steel manufacturing

Wine making

Boris van Delden
Director
Boris van Delden is a highly experienced insolvency practitioner, culminating with his appointment as director at McDonald Vague in 2005. Boris thrives on the energy and vibrancy of McDonald Vague, but mostly enjoys maintaining close contact with his clients. Read More

Dalwyn Whisken
Senior Insolvency Manager
Dalwyn holds degrees in business and law.  He started his career as a lawyer specialising in credit related litigation, and then spent over 15 years in the industrial sector. For most of this time he owned and managed a mass production manufacturing company, having oversight of production, marketing, contracts, accounting and finance. Read More

Iain McLennan
Director
Iain joined McDonald Vague in 2001, became a consultant to the firm in 2004 and was appointed as a director in July 2010. He has over 20 years experience in business recovery and insolvency. Read More

David Taylforth
Senior Insolvency Manager
David Taylforth is a Chartered Accountant and holds a Public Practicing certificate and is a member of RITANZ. David began his career with Ernst & Young, and went on to gain extensive experience in a wide range of businesses there, and also as a Chartered Accountant in his own business. David has being a CA for 38 years, of which 8 years have being involved in corporate recovery, liquidations and receiverships. Read More

Contact us to discuss your situation

If you believe McDonald Vague may be able to assist you, please contact one of our Directors. All such discussions are treated confidentially and do not commit you to appointing us in any formal capacity.

Please contact us for more information or visit our staff profile page for contact details of our Directors. Our advice is provided on a confidential basis and does not commit you to appointing us in any formal capacity.

Our offices are located in Auckland and Hamilton.  We also have team members who are fluent in Mandarin and Dutch.

Extensive experience & commercial acumen

McDonald Vague's experience throughout the manufacturing sector is wide, including:

·         Clothing industry

·         Engineering Component Production

·         Cabinetry and Joinery

·         Jewellery

·         Kitchen manufacturing

·         Printing

·         Steel manufacturing

·         Wine making