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IBMG Confirms “Successful Completion” of Restructuring Plans - Professional Builders Merchant
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IBMG confirms “successful completion” of restructuring plans - Professional Builders Merchant
Independent Builders Merchant Group (IBMG) has confirmed that its Restructuring Plans were “approved by the UK Court at a sanction hearing held on 9 July 2025.” The post IBMG confirms “successful completion” of restructuring plans appeared first on Professional Builders Merchant.
IBMG completes restructuring plans - Builders Merchants Journal
Independent Builders Merchant Group (IBMG) has confirmed that its restructuring plans were approved by the UK Court at a sanction hearing held on July 9. Following the successful hearing, implementation of the Plans has recapitalised the Group, materially strengthened the balance sheet and delivered a significant reduction in financial indebtedness. As part of the restructuring, …
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