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Accenture intends to acquire Stellantis’ world-class manufacturing training and consultancy business in Italy

Accenture intends to acquire Stellantis’ world-class manufacturing training and consultancy business in Italy


Acquisition Would Strengthen Accenture’s Business Process Optimization Capabilities

MILAN; September 13, 2022 – Accenture (NYSE: ACN) has announced its intention to acquire the World Class Manufacturing Training & Consulting business of Stellantis, a center of excellence that supports process optimization in manufacturing and the supply chain. ‘supply.


The acquisition would allow Accenture to integrate World Class Manufacturing (WCM) methodology into its solutions that help clients transform their production and supply chain networks to be more efficient, sustainable and resilient. Additionally, the acquisition would bring WCM’s training solutions to increase manufacturing skills and create a culture of improvement in factories.


WCM is a structured, rigorous and integrated production methodology. It is based on 10 specific areas of the production system using appropriate tools to achieve excellence in each of them – Safety, Cost deployment, Targeted improvement, Autonomous maintenance and organization of the workplace, Professional maintenance, Quality control , Logistics and customer service, First products and equipment Management, environment, people development — and globally.


“The current macro-economic environment has increased the urgency to optimize business processes, particularly in manufacturing and the supply chain, said Mauro Macchi, market unit manager for Accenture in Italy. “We help our clients digitally transform their business processes to maintain business continuity, achieve growth and become more sustainable. The WCM team of specialists will enhance our capabilities in this area by bringing Accenture certified methodology and over 30,000 best practices that can help our clients achieve tangible benefits faster. This approach is also in line with recent guidelines from the Italian Ministry of Economic Development regarding investments in Passage 4.0 within the framework of the National Recovery and Resilience Plan (PNRR)”.


Stellantis’ WCM Training & Consulting skills have been fundamental in optimizing production in former Fiat Chrysler Automobiles (FCA) plants in Italy and around the world over the past twenty years. Additionally, WCM has supported companies in the aerospace and defense, automotive, consumer goods and steel industries, helping them achieve world-class levels of performance in their operations.


This transaction would fit with Accenture’s growth strategy to build critical skills in key growing markets to help clients drive 360° value in their businesses.


Terms of the transaction were not disclosed. Completion of the acquisition is still subject to customary closing conditions and approvals.



About Accenture
Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialist skills in more than 40 industries, we offer strategy and advisory, technology and operations, and Accenture Song services, all powered by the world’s largest network of advanced technology centers and smart operations. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at accenture.com.



Forward-looking statements
Except for historical information and discussions contained in this release, statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “probable”, “anticipate”, “expect”, “intend”, “plan”, “project”, “believe”, “estimate”, “position “, “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below may be magnified by Russia’s invasion of Ukraine, sanctions (including their duration) and other measures imposed in response to this c conflict, as well as any escalation or expansion of the economic disruption or the current extent of the conflict. These risks include, but are not limited to, the risks that: Accenture and Avieco may not be able to close the transaction within the expected time frame, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions ; the transaction may not provide the expected benefits for Accenture; Accenture’s operating results have been, and may in the future, be affected by volatile, adverse or uncertain economic and political conditions and the effects of such conditions on the businesses and business levels of Accenture’s clients. ‘company ; Accenture faces legal, reputational, and financial risks for failing to protect client and/or corporate data from security incidents or cyberattacks; Accenture’s business depends on generating and sustaining continued, profitable customer demand for the company’s services and solutions, including adapting and expanding its services and solutions in response to changing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to changes in the technological environment could materially affect the Company’s results of operations; if Accenture is unable to match people and skills to global client demand and attract and retain professionals with strong leadership skills, the business’s business, the rate use of the company’s professionals and the results of the company’s operations could be materially affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it will continue to do so and its impact on the company’s future financial results are uncertain; the markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the marketplace; if Accenture fails to manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s profitability could suffer significantly if the company is unable to obtain favorable prices for its services and solutions, if the company is unable to remain competitive, if its cost management strategies fail or if it experiences delivery inefficiencies or fails to meet certain agreed terms. on specific objectives or service levels; changes in Accenture’s level of taxation, as well as tax audits, investigations and proceedings, or changes in tax laws or their interpretation or application, could have a material adverse effect on the effective tax rate of business, results of operations, cash flows and financial condition. condition; Accenture’s results of operations could be materially affected by fluctuations in foreign exchange rates; changes in accounting standards or in estimates and assumptions made by Accenture in preparing its consolidated financial statements could adversely affect its financial results; Accenture may not be able to access additional capital on favorable terms or at all and if the company raises equity, it could dilute its shareholders’ stake in the business; due to Accenture’s geographically diverse business and growth strategy to continue expanding in its key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company may not be able to achieve its business objectives; Accenture may not be successful in acquiring, investing in or integrating businesses, forming joint ventures or divesting businesses; Accenture’s business could be materially affected if the company incurs legal liability; Accenture’s global operations expose the company to many sometimes conflicting legal and regulatory requirements; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe the intellectual property rights of others or if the company loses its ability to use the intellectual property from others, its activity could be negatively affected; Accenture’s results of operations and share price could be adversely affected if Accenture is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; and the risks, uncertainties and other factors discussed under “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. The statements in this press release speak only as of the date they are made, and Accenture undertakes no obligation to update any forward-looking statements made in this press release or to conform such statements to actual results. actual events or changes in Accenture’s expectations.

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Accenture
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Accenture
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