Mergers & Acquisitions
Post-Merger Integration of two pulp and paper companies
Applied Value sourced data and performed quality controls locally with the mills and HR. To compare the two companies, a total re-classification of functions and job roles was performed. Similarly, to establish a common baseline, we remapped OPEX and headcount to easily benchmark efficiency. Lastly, Applied Value operated synergy workshops with key stakeholders to identify further improvement opportunities.
Applied Value established a common (and comparable) OPEX and headcount baseline and identified 35 MEUR in synergies, 30 MEUR of which had bottom-up stakeholder buy-in. A reported run-rate synergy of 13 MEUR was realized within the first three months of the integration.