TMA Announces 2012 Turnaround, Transaction of Year Awards
The Turnaround Management Association (TMA) has announced 45 professionals will receive the prestigious 2012 TMA Turnaround and Transaction of the Year Awards on November 3. The winners will be honored during a special Awards Brunch, taking place at 9 a.m. at the association’s 24th annual conference, The Annual, held at the Westin Copley Place Boston, Boston, MA.
Since 1993, TMA has honored excellence through its annual awards program, which recognizes the most successful turnarounds and impactful transactions. This year’s winners saved countless jobs and made a significant economic impact, both locally and globally.
The three companies restructured by the Transaction of the Year Award teams include a renewable energy company, an importer, manufacturer, exporter and distributor of frozen food products, and a company that maintains infrastructure for the energy industry.
The four Turnaround of the Year Award teams helped reverse the fortunes of the following companies: one of Europe’s most widely recognized brands in the offshore subsea-services industry, a dried food processing company, a suppliers of premium fresh fruit and gourmet food gifts, and the aquarium made famous by the inspiring motion picture, Dolphin Tale.
The 2012 TMA Turnaround and Transaction of the Year Award winners are: