Decisive action in difficult situations.

Ves Advisors is a Brussels-based advisory firm focused on distressed and special‑situations M&A across metallurgy, shipbuilding, heavy manufacturing and industrial services in Europe.

Who We Work With

Who We Work With

1

Industrial groups and corporates

Industrial groups across Europe approach Ves Advisors when portfolios need to be reshaped in response to underperformance or structural change. Engagements often involve asset-heavy operations facing sustained economic or financial pressure. We support management teams in clarifying their options and moving from internal debate to executable decisions.

3

Lenders and credit funds

Banks and credit investors turn to Ves Advisors when exposures to industrial borrowers become stressed and conventional refinancing is no longer viable. These situations typically involve elevated leverage, ongoing covenant pressure or limited access to new capital. Our consultancy works with lenders and sponsors to stabilise viable operations and establish orderly routes to exit or ownership.

2

Investors and special‑situations buyers

Financial sponsors and industrial buyers rely on Ves Advisors when assessing distressed or complex industrial assets in Europe. These buyers look for realistic operational plans and processes that can close despite time pressure and stakeholder sensitivity. ​Ves Advisors helps investors turn indicative interest into credible, executable transactions in challenging contexts.

Who We Work With

What We Do

Distressed and special‑situations M&A

Ves Advisors advises on transactions where liquidity constraints, leverage and structural change require a fresh look at ownership and configuration of industrial assets. Mandates include bilateral sales of single plants and competitive processes for multi‑jurisdictional business units. The focus is on structuring and running processes that markets can trust and that stakeholders can support under tight timelines.

Restructuring and recapitalisation support

Our firm supports clients through negotiations with company leaders and key capital providers to stabilise balance sheets and create capacity for operational plans. This can involve amendments and extensions, new capital injections, liability management transactions or combinations alongside asset sales.

Strategic options reviews and carve‑outs

Ves Advisors leads structured options reviews when clarity on viable paths for stressed assets or groups is needed. Options may include stand‑alone turnaround, partial divestments, joint ventures, orderly wind‑down or full sale of defined businesses.

Transaction execution and stakeholder coordination

Distressed and special‑situations transactions place heavy demands on management and stakeholders. Our consultancy coordinates workstreams across financial, operational, legal and regulatory areas so that processes remain coherent and decisions are supported by clear information.

Sectors We Focus On

Metallurgy & heavy manufacturing

Metals and heavy manufacturing businesses in Europe continue to face high input costs, and global competition. Our advisory works on divestments, carve‑outs and restructurings for smelters, rolling mills, component manufacturers and other capital-intensive operations under sustained margin pressure.

Shipbuilding & marine infrastructure

European shipyards and marine industrials operate with volatile order books, complex projects and intensive working capital needs. Ves Advisors supports rescue acquisitions, recapitalisations and divestments of shipbuilding and repair facilities where stakeholders seek going‑concern solutions and employment continuity.

Industrial services

Industrial services platforms in Europe have been active in buy‑and‑build strategies and have felt the impact of higher financing costs and integration challenges. The firm advises sponsors and management teams on recapitalisations, sales of regional clusters and restructuring of leveraged roll‑ups.

Current Market Context

Distressed and special-situations M&A in Europe reflects elevated input costs, higher interest rates and more selective demand. Its predicted, that in 2026, the impact will be most visible in energy-intensive manufacturing, and capital-intensive industrial assets.

For corporate decision-makers and their financing partners, this environment will create both risk and opportunity, with timing and execution quality often determining how much value can be preserved or created.​

Next Steps

Early clarity can change outcomes. A confidential discussion with our advisors can help define realistic options and next steps under pressure.