While the industrial and manufacturing sector is large and diverse, most of its players face similar challenges.
Unless offset by price and surcharge rises, margins have been squeezed by the rising costs of oil, natural gas and steel. At the same time, customers are reluctant to invest in new equipment and the demand for after sales services has grown.
To strengthen core product lines or expand their presence geographically, some players are looking to acquire, while others are keen to divest their underperforming businesses. This comes at a time when local and national taxes, often managed across many territories, are more and more complex and under constant review.
We have a global understanding of the sector and so are ideally placed to share and apply the market intelligence and legal know-how we’ve gained from working in key markets and multiple jurisdictions. Consequently, our advice is realistic, practical and commercially viable.