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Wastech Engineering

Wastech Engineering is a 25 year-old manufacturing business specialising in waste & recycling products and solutions.

"My experience was they (Mawson) were always very truthful and honest and I found the experience to be fantastic. It wasn't just the financial situation, there's an emotional side... the big thing for me... was the personal support."

Neil Bone, Managing Director

WHY THEY CAME TO US

  • A failing acquisition of one business unit was threatening the overall Wastech Group.
  • The business required an external expert to evaluate the situation, provide strategic direction and execute on the strategy.

WHAT WE DID

  • Assessed the strategic options and detailed the financial quantification of each option.
  • Recommended a clear strategic option supported by underlying assumptions that were validated, tested and supported by data.
  • Provided a developed implementation plan that provide singular execution focus to the strategic direction.
  • Negotiated with key stakeholders including but not limited to financiers and suppliers.
  • Reorganised the leadership team and the decision-making policies and procedures.

WHAT WE DELIVERED

  • Saved the overall Wastech Group from being brought down by one poor performing business unit.
  • Saved all manufacturing jobs and all financiers were repaid in full.
  • Developed the strategic plan that has led to the strongest levels of profitability in the company’s history.

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