A leading chemicals firm was branching off from its parent company and wanted to make a smooth transition. It also wanted to improve cost savings as it was entering a tough market.
The company partnered with GEP for its expertise in handling M&As and spinoffs.
The decision paid off: GEP ensured seamless integration and uninterrupted operations pre- and post-spinoff, developed sourcing strategies and a savings pipeline, and executed supplier summits, delivering cost savings of more than $125 million in two years.
This case study is essential read for business and procurement leaders who want to manage smooth spinoffs and enable business growth.