Facilitating the merger of two international food processing companies

Client : Leading manufacturer of high-quality chocolate and cocoa products

Service Offered : Consolidation/Merger

Sector / Industry : Food Processing, Manufacturing

Client
Objective

Headquartered in Italy, the ABC Group is the world’s leading manufacturer of high-quality chocolate and cocoa products. Its Indian Company subsidiary (ABC Private Limited or the or ICO 1) was incorporated in India in 2013 to manufacture, market and distribute high-quality chocolate and cocoa products. The Company had set up a factory in Maharashtra. Pursuant to an acquisition at headquarter level, the Group added one more subsidiary company in India (ICO 2).

Client
Solution

The Nexdigm approach to this project was based on project management's four pillars: Time, Cost, Quality, and Risk. The assignment's primary requirement was to assess the existing situation and build a roadmap for business reorganization. A dedicated project team was assigned, which led the project, which involved complex regulatory involvement coupled with the practical challenge of a raging pandemic.

solution
Impact

Nexdigm’s overall project management approach helped achieve the management’s objective of completing the project within the desired timeline despite the complications rendered by the pandemic. Undeterred by the pandemic restrictions/lock-down, the Nexdigm project team ensured that the merger was consummated by March 2022 by resolving every critical issue appropriately and in accordance with the law, delivering to the management’s expectations.

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