Strategic Portfolio Restructuring for a Major French Retailer
Overview:
Post-COVID-19, a leading French retail group restructured its organizational chart and activity portfolio, deciding to exit certain geographical zones, particularly in Asia, and divest from non-core retail businesses across eight European countries.
Before Partners' Involvement:
- Support for Financial Management: Assisted the overextended finance department in handling these unconventional tasks, also supporting the nascent M&A division.
- Expertise in Asset Disposal and Sales Processes: Offered proficiency in non-strategic asset divestiture, including setting up a dataroom, coordinating expert sessions and Q&A, and analyzing information for potential buyers.
- Coordination of External Advisories: Managed the synchronization of various external consultants, including those responsible for Vendor Due Diligence (VDD), strategic due diligence, and environmental audits.
Outcome:
Before Partners' strategic involvement facilitated successful divestments, aligning the retailer's focus on its core competencies and markets.