Case Study: Spectrum Brands achieves a tax-efficient factory relocation in China with Tractus

Spectrum Brands secures tax-efficient factory relocation in China with Tractus

Spectrum Brands, a global diversified consumer products company, faced a government-mandated relocation of its hardware and home improvement factory in Zhongshan City, China. The challenge was to negotiate fair compensation and ensure a compliant, efficient move without disrupting operations. They retained the vendor Tractus to manage this process.

Tractus implemented a solution that involved conducting a local market benchmark study and evaluating the government's financial proposal. They successfully negotiated the tax-efficient sale of the existing property to a designated developer. In parallel, Tractus secured a build-to-suit lease for a new facility, ensuring Spectrum Brands had a new operational plant ready by the required vacate date, thus enabling a seamless transition.

Spectrum Brands