Home Business Accenture Completes Acquisition of Stellantis’ World Class Manufacturing Coaching & Consulting Enterprise

Accenture Completes Acquisition of Stellantis’ World Class Manufacturing Coaching & Consulting Enterprise

Accenture Intends to Acquire Stellantis’ World Class Manufacturing Training & Consulting Business in Italy

Accenture Completes Acquisition of Stellantis’ World Class Manufacturing Coaching & Consulting Enterprise
Acquisition strengthens Accenture’s capabilities in enterprise course of optimization

MILAN; Oct. 3, 2022 – Accenture (NYSE: ACN) has accomplished its acquisition of Stellantis’ World Class Manufacturing Coaching & Consulting enterprise, a middle of excellence that helps course of optimization in manufacturing and the provision chain. Monetary phrases of the transaction beforehand introduced on September 13, weren’t disclosed.
The acquisition permits Accenture to combine the World Class Manufacturing (WCM) methodology in its options that assist shoppers remodel their manufacturing course of and provide chain networks to be extra environment friendly, sustainable and resilient. Moreover, it brings WCM’s coaching options for growing the manufacturing expertise of shopper’s groups and constructing a tradition of steady enchancment at vegetation
This acquisition is a part of an general development technique to increase important expertise and in quickly increasing key markets, to assist shoppers generate 360° worth throughout their companies.
Ahead-Trying Statements
Aside from the historic data and discussions contained herein, statements on this information launch could represent forward-looking statements inside the which means of the Personal Securities Litigation Reform Act of 1995. Phrases corresponding to “could,” “will,” “ought to,” “possible,” “anticipates,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “positioned,” “outlook” and comparable expressions are used to establish these forward-looking statements. These statements contain a lot of dangers, uncertainties and different elements that would trigger precise outcomes to vary materially from these expressed or implied. These dangers embody, with out limitation, dangers that: the transaction won’t obtain the anticipated advantages for Accenture; Accenture’s outcomes of operations have been, and will sooner or later be, adversely affected by risky, unfavorable or unsure financial and political circumstances, together with the invasion of Ukraine by Russia, the associated sanctions and different measures which have been and proceed to be imposed in response to this battle, in addition to the present inflationary setting, and the consequences of those circumstances on the corporate’s shoppers’ companies and ranges of enterprise exercise; Accenture faces authorized, reputational and monetary dangers from any failure to guard shopper and/or firm information from safety incidents or cyberattacks; Accenture’s enterprise depends upon producing and sustaining ongoing, worthwhile shopper demand for the corporate’s providers and options together with via the variation and enlargement of its providers and options in response to ongoing modifications in know-how and choices, and a big discount in such demand or an incapability to answer the evolving technological setting may materially have an effect on the corporate’s outcomes of operations; if Accenture is unable to match folks and expertise with shopper demand all over the world and appeal to and retain professionals with robust management expertise, the corporate’s enterprise, the utilization charge of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s enterprise and operations, and the extent to which it’ll proceed to take action and its impression on the corporate’s future monetary outcomes are unsure; the markets wherein Accenture operates are extremely aggressive, and Accenture won’t have the ability to compete successfully; Accenture’s potential to draw and retain enterprise and workers could depend upon its status within the market; if Accenture doesn’t efficiently handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations may very well be adversely affected; Accenture’s profitability may materially undergo if the corporate is unable to acquire favorable pricing for its providers and options, if the corporate is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; modifications in Accenture’s degree of taxes, in addition to audits, investigations and tax proceedings, or modifications in tax legal guidelines or of their interpretation or enforcement, may have a cloth antagonistic impact on the corporate’s efficient tax charge, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations may very well be materially adversely affected by fluctuations in international foreign money change charges; modifications to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may adversely have an effect on its monetary outcomes; Accenture may be unable to entry further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it might dilute its shareholders’ possession curiosity within the firm; on account of Accenture’s geographically numerous operations and its development technique to proceed to increase in its key markets all over the world, the corporate is extra inclined to sure dangers; if Accenture is unable to handle the organizational challenges related to its measurement, the corporate may be unable to attain its enterprise goals; Accenture won’t achieve success at buying, investing in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s enterprise may very well be materially adversely affected if the corporate incurs authorized legal responsibility; Accenture’s international operations expose the corporate to quite a few and typically conflicting authorized and regulatory necessities; Accenture’s work with authorities shoppers exposes the corporate to further dangers inherent within the authorities contracting setting; if Accenture is unable to guard or implement its mental property rights or if Accenture’s providers or options infringe upon the mental property rights of others or the corporate loses its potential to make the most of the mental property of others, its enterprise may very well be adversely affected; Accenture’s outcomes of operations and share worth may very well be adversely affected whether it is unable to keep up efficient inside controls; Accenture could also be topic to criticism and unfavorable publicity associated to its incorporation in Eire; in addition to the dangers, uncertainties and different elements mentioned below the “Threat Elements” heading in Accenture plc’s most up-to-date Annual Report on Kind 10-Ok and different paperwork filed with or furnished to the Securities and Trade Fee. Statements on this information launch converse solely as of the date they had been made, and Accenture undertakes no responsibility to replace any forward-looking statements made on this information launch or to evolve such statements to precise outcomes or modifications in Accenture’s expectations.
About Accenture
Accenture is a world skilled providers firm with main capabilities in digital, cloud and safety. Combining unmatched expertise and specialised expertise throughout greater than 40 industries, we provide Technique and Consulting, Know-how and Operations providers and Accenture Tune — all powered by the world’s largest community of Superior Know-how and Clever Operations facilities. Our 721,000 folks ship on the promise of know-how and human ingenuity daily, serving shoppers in additional than 120 international locations. We embrace the facility of change to create worth and shared success for our shoppers, folks, shareholders, companions and communities. Go to us at www.accenture.com.

# # #

Armando Barone
+39 3485608969
Youssef Zauaghi
+49 175 5766458
Copyright ©2022 Accenture. All rights reserved. Accenture and its emblem are registered logos of Accenture.

Previous articleA Basis For Well being And Properly-Being: Significant Employment
Next articleKwasi Kwarteng dismisses row resulting in 45% tax price U-turn as ‘a bit of turbulence’ in Tory convention speech– UK politics reside | Politics