LONDON, November 25, 2011 /PRNewswire/ --
Restructuring specialist Hilco has announced the appointment of Igor de la Sota to lead the company's new Madrid office, opening in January 2012.
Paul McGowan, Chief Executive of Hilco UK commented: "Hilco recognises the strong potential for its restructuring and investment model in the Iberian region. The establishment of a presence in Madrid is a natural extension of our Group plans which have seen us augmenting our existing operations in the UK and Germany with the opening of new offices in Dublin, Ireland and Toronto, Canada during 2011."
Igor de la Sota commented: "The Iberian market has huge potential, particularly given the current economic conditions. Having an office in Madrid will allow Hilco to get closer to these opportunities and leverage our restructuring experience from other parts of Europe."
About Igor de la Sota
Before joining Hilco, Igor held a senior position at ING Barings in Spain. Igor has also played rugby at full International level for Spain.
Hilco is one of Europe's leading investors in distressed situations and restructuring opportunities. Hilco's current investments include the Denby Pottery Group in the UK and the HMV music and DVD retail business in Canada. In 2011, Hilco successfully completed the restructuring and sale of Habitat, the pan-European furniture retailer.
For more information on Hilco, please visit http://www.hilcouk.com.