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Booz and Company announces deal for Management Engineers

Feb 26
Tags: Booz & Company
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Booz and Company announces deal for Management...

Booz and Company has announced that it has agreed a deal to acquire Managment Engineers (ME), an international consulting firm based in Dusseldorf, Germany.

ME, a highly reputable consultancy, will allow Booz and Co to gain 17 partners and 145 new members of staff, as well a boost to its market position and functional heritage, especially within industrial and operations consulting in Germany, China, the UK and US.

Speaking about the deal Booz and Company chief executive officer Cesare Mainardi said: "Management Engineers powerfully reinforces Booz & Company’s industry expertise and functional depth in key markets globally, enabling our combined firm to deliver to clients the differentiated capabilities they need to outperform.”

He added that the deal would see the coming together of two firms with the same business principles.

The deal is expected to be completed by April 2nd, 2013, subject to a number of closing conditions, such as the approval of Booz and Company's partners.

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