Mergers & Acquisitions at a chemical company
For many years, a specialised chemical company was involved in M&A, with the aim of achieving growth through purchasing synergies. No real process truly existed to achieve this aim as each initiative was handled separately.
By creating a practical way to compare expenses and the suppliers involved, we carried out many cross-functional exercises. Consequently, the company not only managed to accelerate its synergy capture development but also exceeded the set objectives. In-depth knowledge of the chemical industry proved vital while carrying out these exercises.