Oliver Wyman buys French management consulting firm Hemeria
Oliver Wyman has acquired Hemeria, a Paris-based management consultancy specialised in operational excellence. Hemeria’s six partners and more than 80 employees will join Oliver Wyman’s French arm, bringing the total number of Paris-based Oliver Wyman partners to 48.
Hemeria was founded in 2002 and is led by Bernard Birchler. The consultancy support companies with a range of services, including performance improvement, supply chain design and performance optimisation, restructuring programs, purchasing, and structural cost rationalisation. Its client span industries, from manufacturing, process industries and financial services to packaged consumer goods, retail and telecommunications, among others.
With the acquisition of Hemeria, Oliver Wyman significantly bolsters its French footprint. “This acquisition further deepens our ability to bring a wide range of specialised knowledge and capabilities to serving our clients on their most pressing and intractable problems related to operations and manufacturing excellence,” said John Drzik, Chief Executive of Oliver Wyman. “It not only deepens our footprint in France and Europe, but also offers our partners and clients around the world the opportunity to tap into a deep reserve of highly differentiated and specialised expertise that Hemeria has developed over the years.”
Gilles Roucolle, a Partner in Oliver Wyman’s Paris office leading the integration of Hemeria, added: “Hemeria’s strengths and relationships will reinforce our operations management expertise at a particularly critical time for value creation in industrial and service companies worldwide and further establish our position as a multi-specialist firm among leading international consulting firms in the world. We look forward to welcoming our new colleagues on board.”
The move grows Oliver Wyman’s French team to 48 partners and 270 consulting professionals, says Hanna Moukanas, a Partner in Oliver Wyman’s Paris hub and co-head of the office, a tally which in his eyes makes the firm one of the market leaders in the French consulting industry.
Commenting on the joining of forces, Hemeria chairman Bernard Birchler said: “As part of Oliver Wyman, we will be able to better meet the evolving needs of our global client base, and will also be able add more value to our services by expanding our range of expertise.”
