Oliver Wyman Expands Energy Practice with Plans to Acquire Corven
17 7월 2013 - 1:00AM
Business Wire
Oliver Wyman has signed a definitive agreement to acquire
Corven, a UK-based management consultancy primarily serving the
energy sector.
With this acquisition, Oliver Wyman deepens its global footprint
in the energy sector. “The energy sector is one of great importance
to the world’s economy, and it is a strategic priority for our
firm,” says Scott McDonald, President of Oliver Wyman. “An expanded
team of 40 partners and principals dedicated to energy clients
allows us to scale up our consulting and advisory services in this
crucial space in a differentiated way.”
Well known for its strategy, operational risk, and performance
improvement capabilities, Corven has offices in London, Houston,
Boston, and Chicago. Peter Walsh, head of Oliver Wyman’s
Manufacturing, Transportation & Energy business, observes that
“Corven’s recognized expertise complements our own. Together we’re
better positioned to solve the most significant business challenges
our oil and gas, utilities, and infrastructure clients face,
helping them to emerge as leaders in their chosen markets. ”
Francois Austin, a Founding Director of Corven, agrees. “This is
an excellent strategic fit for both companies. Oliver Wyman, with
its global reach, high-calibre team, intellectual capital and
growth focus, is the right partner for us to build upon Corven’s
strengths and to achieve our organizational goals.”
About Corven
Corven is a global management consultancy and networking
business focused on creating shareholder value through strategic
change. Corven works with FTSE 100 and Fortune 500 companies on
their most important management issues, delivering long-term
results and building sustainable capability.
About Oliver Wyman
Oliver Wyman is a global leader in management
consulting. With offices in 50+ cities across 25 countries, Oliver
Wyman combines deep industry knowledge with specialized expertise
in strategy, operations, risk management, and organization
transformation. The firm's 3,000 professionals help clients
optimize their business, improve their operations and risk profile,
and accelerate their organizational performance to seize the most
attractive opportunities. Oliver Wyman is a wholly owned subsidiary
of Marsh & McLennan Companies [NYSE: MMC]. For more
information, visit www.oliverwyman.com. Follow Oliver Wyman on
Twitter @OliverWyman.
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