Accenture to Acquire Myrtle Consulting Group to Expand Implementation of New Digital Manufacturing, Operations and Supply Chain Models for Clients
Accenture (NYSE: ACN) has announced its acquisition of Myrtle Consulting Group, a Houston-based industrial operations consulting firm. This strategic move aims to enhance Accenture's manufacturing and supply chain capabilities, enabling better transformation processes for clients. Myrtle's expertise in optimizing supply chains and operational strategies will synergize with Accenture Industry X to deliver innovative solutions. The financial details remain undisclosed, and the completion of the acquisition is subject to standard closing conditions.
- Strengthens Accenture's manufacturing and supply chain capabilities.
- Myrtle's expertise aligns with Accenture Industry X, fostering innovation.
- Potential for significant operational efficiencies and cost savings for clients.
- None.
NEW YORK & HOUSTON--(BUSINESS WIRE)--Accenture (NYSE: ACN) has agreed to acquire Myrtle Consulting Group (“Myrtle”), an industrial operations consulting firm headquartered in Houston. Myrtle partners with leading companies across consumer products, life sciences, chemicals, mining and other heavy manufacturing industries to produce and distribute goods in a safer, more efficient and sustainable way.
The acquisition will expand Accenture’s manufacturing and supply chain capabilities. Specifically, it will strengthen Accenture’s ability to transform these areas for clients from initial value assessments and operating model strategies to new business processes and technology solutions. Myrtle’s team will join Accenture Industry X, which helps clients improve how they operate factories and plants.
Nigel Stacey, global lead of Accenture Industry X, said: “Cost, quality and safety remain a constant and rising challenge for manufacturing and operations leaders. They need to free untapped value across production sites and distribution centers, so they can invest in resilient and responsible operating models for manufacturing and supply chains that are future-proof and digital-enabled. This is what the combined skills of Accenture and Myrtle will help them achieve.”
Edwin Bosso, CEO and founder of Myrtle, said: “Becoming part of Accenture Industry X will allow us to pair our frontline operational expertise with Accenture’s global reach and digital capabilities to bring solutions to clients that will transform their operations from the ground up.”
Myrtle specializes in optimizing clients’ sourcing, production, supply chain operations and execution. The company also has deep expertise in change management methodology, organization design and implementation, leadership development and frontline coaching. Work examples include:
-
Achieving
$20 million in annual savings, decreasing overtime labor spend by56% and improving yield by20% for a global dairy producer that struggled with an inefficient supply chain; - Increasing customer satisfaction and uptime while reducing employee turnover for a pharmaceutical company by improving its management operating systems and training its leaders.
Myrtle is recognized as a National Minority Supplier Development Council Corporate Plus member. The NMSDC Corporate Plus program is designed to highlight minority-owned businesses that have demonstrated their capacity to execute national and international contracts for major corporations.
Bosso, who will join Accenture as managing director, is the author of the Amazon best-selling book on business transformation, 6,000 Dreams: The Leader’s Guide To A Successful Business Transformation Journey, published by ForbesBooks.
With Myrtle, Accenture will continue to bolster its digital manufacturing, operations and supply chain capabilities, following the acquisitions of technology consultancy SALT Solutions in Germany, PLM Systems in Italy, Callisto Integration in Canada, Silveo in France and Enterprise System Partners in Ireland.
Completion of the acquisition is subject to customary closing conditions. Financial terms of the acquisition were not disclosed.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 506,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.
Accenture Industry X embeds intelligence in how clients run factories and plants and design and engineer products. We use digital technologies like AI, cloud and IoT to make manufacturing and operations more efficient, effective and safe, and develop and scale connected products and services faster to drive new revenues and sustainable growth. Learn more about how Industry X transforms the way companies make things and the very things they make on https://www.accenture.com/us-en/services/industryx0-index.
Forward-Looking Statements
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