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  "documentTitle": "European Distressed Credit Watch List",
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  "notes": "Includes historical financial data from 2012-2015 and current capital structure.",
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      "text": "Net Debt / EBITDA: 15.1x",
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      "text": "The Group was acquired by KKR in November 2013, reducing the level of debt from €340M to €188M and injecting €60M of cash.",
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      "kind": "paragraph",
      "text": "Winoa SA, formerly Wheelabrator Allevard, is a world leader in abrasion and cutting technologies for the metal and stone industries.",
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      "text": "Source: Capital IQ, Debtwire, Company website",
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      "kind": "title",
      "text": "Z. INDUSTRIAL PRODUCTS AND SERVICES – WINOA",
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