Canadoil Turnaround

Turnaround Management Services for a Distressed Pipe Mill

Turnaround Management Services for a Distressed Pipe Mill

2012 Canadoil was admitted to the Thai rehabilitation process with more than $2bn of debt
2013 Mr. Kelakos was appointed as Director and subsequently the Planner (akin to a Chapter 11 Trustee)
2013 Mr. Ross led the management team appointed by the creditors of Canadoil to provide interim management services until 2017
Business operating under severe financial constraints

Northern Ray has a demonstrable track-record of experience and past performance across the verticals we specialise in. Available on request

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