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Administrators Alix Partners and Zolfo Cooper Europe merge

Business turnaround consultancy Alix Partners has completed its acquisition of restructuring specialist Zolfo Cooper Europe, which dealt with the recent administration of womenswear business Nougat.

Zolfo Cooper Europe has been rebranded as Alix Partners across its offices in London, Birmingham, Leeds, Manchester and Glasgow.

Its 200 staff have joined Alix, bringing the firm’s total staff number to almost 600 and creating Europe’s largest independent turnaround and restructuring team.

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