Accenture Intends to Acquire Stellantis’ World Class Manufacturing Training & Consulting Business in Italy
Acquisition would strengthen Accenture’s capabilities in business course of optimization
MILAN; Sept. 13, 2022 – Accenture (NYSE: ACN) has disclosed its intention to purchase Stellantis’ World Class Manufacturing Training & Consulting business, a middle of excellence that helps course of optimization in manufacturing and the availability chain.
The acquisition would enable Accenture to combine the World Class Manufacturing (WCM) methodology in its options that assist purchasers remodel their manufacturing and provide chain networks to be extra environment friendly, sustainable and resilient. Additionally, the acquisition would deliver WCM’s coaching options for growing manufacturing abilities and constructing a tradition of enchancment at crops.
WCM is a structured, rigorous and built-in manufacturing methodology. It relies on 10 particular areas of the manufacturing system utilizing applicable instruments to obtain excellence in every one — Safety, Cost Deployment, Focused Improvement, Autonomous Maintenance and Workplace Organization, Professional Maintenance, Quality Control, Logistic and Customer Service, Early Product and Equipment Management, Environment, People Development — and at a worldwide degree.
“The current macro-economic environment has increased the urgency to optimize business processes, particularly in manufacturing and supply chain,” mentioned Mauro Macchi, Market Unit Lead for Accenture in Italy. “We help our clients digitally transform business processes to maintain business continuity, achieve growth and become more sustainable. The team of WCM specialists will bolster our capabilities in this area by bringing a certified methodology and over 30,000 best practices to Accenture that can help our clients achieve tangible benefits faster. This approach also aligns with recent guidelines from Italy’s Ministry for Economic Development regarding investments in Transition 4.0 under the National Plan for Recovery and Resilience (PNRR).”
Stellantis’ WCM Training & Consulting competencies have been foundational in optimizing manufacturing on the former Fiat Chrysler Automobiles (FCA) crops in Italy and world wide over the previous twenty years. In addition, WCM supported corporations in the aerospace and protection, automotive, shopper items, and metal industries, serving to them attain world-class ranges of efficiency in their operations.
This transaction would Accenture’s progress technique, to purchase important competencies in quickly increasing key markets to assist purchasers generate 360° worth throughout their companies.
Terms of the transaction weren’t disclosed. Completion of the acquisition remains to be topic to customary closing circumstances and approvals.
About Accenture
Accenture is a worldwide skilled providers firm with main capabilities in digital, cloud and safety. Combining unmatched expertise and specialised abilities throughout greater than 40 industries, we provide Strategy and Consulting, Technology and Operations providers and Accenture Song — all powered by the world’s largest community of Advanced Technology and Intelligent Operations facilities. Our 710,000 individuals ship on the promise of know-how and human ingenuity on daily basis, serving purchasers in greater than 120 nations. We embrace the ability of change to create worth and shared success for our purchasers, individuals, shareholders, companions and communities. Visit us at accenture.com.
Forward-Looking Statements
Except for the historic info and discussions contained herein, statements in this information launch might represent forward-looking statements inside the which means of the Private Securities Litigation Reform Act of 1995. Words equivalent to “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and related expressions are used to determine these forward-looking statements. These statements contain quite a few dangers, uncertainties and different components that would trigger precise outcomes to differ materially from these expressed or implied. Many of the next dangers, uncertainties and different components recognized under could also be amplified by the invasion of Ukraine by Russia, the sanctions (together with their length), and different measures being imposed in response to this battle, in addition to any escalation or growth of financial disruption or the battle’s present scope. These dangers embody, with out limitation, dangers that: Accenture and Avieco won’t be able to shut the transaction in the time interval anticipated, or in any respect, which relies on the events’ means to fulfill sure closing circumstances; the transaction may not obtain the anticipated advantages for Accenture; Accenture’s outcomes of operations have been, and should in the long run be, adversely affected by unstable, detrimental or unsure financial and political circumstances and the consequences of those circumstances on the corporate’s purchasers’ companies and ranges of business exercise; Accenture faces authorized, reputational and monetary dangers from any failure to shield consumer and/or firm knowledge from safety incidents or cyberattacks; Accenture’s business depends upon producing and sustaining ongoing, worthwhile consumer demand for the corporate’s providers and options together with by means of the variation and growth of its providers and options in response to ongoing modifications in know-how and choices, and a major discount in such demand or an incapacity to reply to the evolving technological atmosphere might materially have an effect on the corporate’s outcomes of operations; if Accenture is unable to match individuals and abilities with consumer demand world wide and entice and retain professionals with robust management abilities, the corporate’s business, the utilization fee of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it is going to proceed to accomplish that and its affect on the corporate’s future monetary outcomes are unsure; the markets in which Accenture operates are extremely aggressive, and Accenture may not find a way to compete successfully; Accenture’s means to entice and retain business and staff might depend upon its repute in {the marketplace}; if Accenture doesn’t efficiently handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations might be adversely affected; Accenture’s profitability might materially undergo if the corporate is unable to receive favorable pricing for its providers and options, if the corporate is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; modifications in Accenture’s degree of taxes, in addition to audits, investigations and tax proceedings, or modifications in tax legal guidelines or in their interpretation or enforcement, might have a fabric antagonistic impact on the corporate’s efficient tax fee, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations might be materially adversely affected by fluctuations in international foreign money change charges; modifications to accounting requirements or in the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements might adversely have an effect on its monetary outcomes; Accenture is likely to be unable to entry further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it might dilute its shareholders’ possession curiosity in the corporate; because of Accenture’s geographically numerous operations and its progress technique to proceed to broaden in its key markets world wide, the corporate is extra inclined to sure dangers; if Accenture is unable to handle the organizational challenges related to its dimension, the corporate is likely to be unable to obtain its business targets; Accenture may not achieve success at buying, investing in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s business might be materially adversely affected if the corporate incurs authorized legal responsibility; Accenture’s world operations expose the corporate to quite a few and typically conflicting authorized and regulatory necessities; Accenture’s work with authorities purchasers exposes the corporate to further dangers inherent in the federal government contracting atmosphere; if Accenture is unable to shield or implement its mental property rights or if Accenture’s providers or options infringe upon the mental property rights of others or the corporate loses its means to make the most of the mental property of others, its business might be adversely affected; Accenture’s outcomes of operations and share worth might be adversely affected whether it is unable to preserve efficient inside controls; Accenture could also be topic to criticism and detrimental publicity associated to its incorporation in Ireland; in addition to the dangers, uncertainties and different components mentioned below the “Risk Factors” heading in Accenture plc’s most up-to-date Annual Report on Form 10-Okay and different paperwork filed with or furnished to the Securities and Exchange Commission. Statements in this information launch converse solely as of the date they have been made, and Accenture undertakes no obligation to replace any forward-looking statements made in this information launch or to conform such statements to precise outcomes or modifications in Accenture’s expectations.
# # #
Contacts:
Armando Barone
Accenture
+39 3485608969
[email protected]
Youssef Zauaghi
Accenture
+49 175 5766458
[email protected]
Copyright ©2022 Accenture. All rights reserved. Accenture and its brand are registered emblems of Accenture.