Eurazeo's French portfolio company Efeso Consulting, a business strategy consultancy, has acquired Germany-based peer ROI Management Consulting.
Eurazeo bought a 70% stake in Efeso from Argos Wityu in a €56m transaction in Q4 last year.
Together, the two companies will employ 500 people at 30 locations worldwide. The board members of ROI, Michael Jung and Hans-Georg Scheibe, will also join the executive committee of Efeso.
Established in 1980 and based in Munich, ROI is a corporate consultancy specialised in research and development, and manufacturing and supply chain management.
ROI assists industrial companies worldwide in optimising their products, technologies and manufacturing networks, and using the potential of the Internet of Things for business model and process innovations. The company employs 150 people in Munich, Stuttgart, Beijing, Prague, Vienna and Zurich.
ROI Management Consulting – Michael Jung (founder, managing partner); Hans-Georg Scheibe (founder).
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