The Colombian company Alberto VO5, recognized in the clothing sector, has begun a reorganization process with the aim of improving its financial situation and guaranteeing the continuity of its operations.
This process has been coordinated and approved by the Superintendence of Companies in hearings held during May and June 2024, not only with this Colombian company but also with real estate agency Escamval y Cía, which is also going through this process.
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The current economic situation has generated significant challenges for many companies in Colombia, and Alberto VO5 has been no exception.
With an obligation that amounts to $62,436 million, the company seeks to restructure to catch up with its creditors.
The main objective of the reorganization is to stabilize Alberto VO5’s finances and strengthen its position in the market.
