Central American Retail Holding Company (CARCHO) - Merger Integration
The Situation
• Merger of the two largest retailers in Central America (both family owned, with a deal value of @$3B for the combined entity
• Need for NewCo strategy clarification, business process integration, workforce and culture integration, expense reduction target achievement, operations rationalization
The Solution
• Conducted a strategy clarification 'Executive Summit', including the top 25 executives from the combined company
• Established integration success measurements with board and senior team
• Established integration project management infrastructure (Senior 'Steering' Team, Project Management Team, Integration Teams)
The Results
• Completed all operations and support functions integration activities ahead of schedule, preparing the company for eventual sale to WalMart
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On August 14 2014 at Parana, Entre Ríos, Argentina 21 Views