McLaren thinks about the sale of the Woking office

Market and Industry

September 15, 2020

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The McLaren Group is considering the sale of its global headquarters in Woking, in the southwestern suburb of London, as part of the refinancing strategy announced by the company earlier this year. The sports car maker said it had instructed banks to study a debt restructuring and capital increase to strengthen its balance sheet. The company is grappling with budget problems following the Coronavirus emergency and the £ 300 million capital increase implemented at the beginning of the year was not enough to deal with the nearly 70% drop in revenues during the year. pandemic.

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