Monier Group's financial position strengthened

The closing of the financial restructuring agreed at the beginning of July provides the Group with a very stable and solid balance sheet ensuring its long-term financial strength and leading market position
Former senior lenders are now the owners of the Monier Group
As a result of the initiation of a detailed program to enhance the Group’s cost position and substantially increase the efficiency of its operations, the company has not only successfully maintained its position, but is also well situated to take advantage of additional opportunities to strengthen its business in the various markets it serves

Read the full press release here.