ICONE Group is a consulting agency assisting its clients in conducting Mergers & Acquisitions of industrial companies and production sites in Europe, with one of its specializations in Industrial Reconversions. More precisely, for the Reconversions, ICONE Group supports major international industrial groups in their projects of disengagement of some of their industrial sites. After a technical analysis of these production sites, ICONE Group offers developing SMEs and international promising industrial groups to take over one of these industrial sites BEFORE a Social Plan in order to produce OTHER products. It is a specific methodology, developed by our firm on the basis of the experience of our consultants.
ICONE Group proposes to the “sellers”, international industrial groups, practical solutions in order to avoid the significant social problems and expenditures during a plant closure. They propose to the "buyer" of these industrial sites a very interesting solution: lower initial investments than planned and less time required for the installation, as well as trained staff, motivated by a new industrial project.
ICONE Group represents more than 100 partner offices worldwide thanks to a partnership with the German and the Paris-based French Consulting Group in Emerging Markets, XAVANTES. This international presence allows to identify quickly potential buyers worldwide.
ICONE Group proposes to its customers a low monthly retainer fee compensation, and a large portion of variable target compensation, paid only upon success, at the contract approval of a proposed takeover of an industrial site.
Cost is 50 to 60%
of a normal procedure
100% of the employees are taken over
At the beginning of each new project, ICONE Group present their detailed methodology to interested industrial groups. It is important that the project starts before the company has communicated on a redundancy (social) plan.
If there is agreement between both parties to collaborate in this specific Sale-Take-over-Conversion approach, a detailed collaboration contract is signed.
In outlines, the phasing of a typical Reconversion mission is:
If necessary, legal experts, financial and technical experts are called for more detailed support.
The operation ends with the following results, if the client has approved this methodology:
The Buyers develop different activities from the original one on the respective site. Here are some examples for the most “original” ones:
A multitude of major references in the last ten years may be disclosed under a Confidentiality Agreement.
These sale-conversions have been conducted in France and Western Europe on behalf of large international French, Italian, English, American, Swiss, Spanish groups. We would be happy to present you more details in a first meeting, to analyse your potential new disengagement projects.