A method of "Intelligent Disengagement" for industrial groups who want or need to withdraw from a subsidiary or from an industrial site. The method avoids the implementation of a social plan, allows the recovery of all employment contracts, and the installation of developing SMEs. Including the necessary project financing to produce new products to be installed on the site instead.
An innovative solution
This approach and its methodology were developed and implemented successfully since 1998 by some small independent consulting agencies. It has now been adapted and improved by the ICONE Group for larger consulting teams and more important reconversion projects.
Our methodology of "Industrial Conversion" involves the transfer of the entire workforce of a production site of an industrial group, the "transferor", to another industry owner, here the "buyer" . In most of the cases, the buyer will install different productions than the ones used by the transferor. This is the main difference in comparison to a traditional acquisition, where the new owner will take advantage of existing businesses and products.
The Reconversion is a complex process because it includes both a highly technical approach (analysis of technical skills of staff, taking into account the existing and future production means, logistic location, ...) and also a complicated organizational approach, involving several areas (M & A , HR, Unions, Legislation,...). ICONE Group, through its' approved methodology will define the industry and products that could be produced on site, and find the right target investor.
ICONE Groups assist clients and potential buyers through all phases of this methodology, until the transfer of all employment contracts. This approach avoids a long and expensive social plan, and must be started BEFORE a social plan enters into force.
At one point of time, most international groups are forced to withdraw from one or more subsidiaries or manufacturing facilities in Western Europe, for various reasons:
For their disengagement, In this case, industrial groups usually think first about "classical solutions" by:
These solutions perform poorly because they:
Our solution of “Intelligent Disengagement” is a real response to this situation. We can prove this with a lot of examples, see also our References.