Corporate Profile

Group consultancies

Management Consulting Group PLC is an umbrella organisation for a diverse range of consulting and professional services offerings. It is comprised of three leading specialist practices: Ineum Consulting, Kurt Salmon Associates and Alexander Proudfoot.

Ineum Consulting provides a unique position in the consulting sector from strategy, organisation design, development and implementation and focuses across the following industry groups: Manufacturing, Financial Institutions, Consumer, Utilities, Telecoms and Media, Public Sector and Transportation.

Kurt Salmon Associates is a premier global management consultancy focused exclusively on the retail, consumer products and health care industries.

Alexander Proudfoot helps clients to achieve significantly increased profitability through the implementation of operational improvements leading to increased sales, lower operating and overhead costs, greater output and lower capital expenditure.

Heritage

Alexander Proudfoot was founded in 1946 in Chicago. It grew into an international partnership, which in 1987 listed on the London Stock Exchange. In 2000 the parent company changed its name to Management Consulting Group PLC. MCG is listed on the London Stock Exchange All Share index in the "Support Services" sector.

Ineum Consulting was acquired in September 2006. Ineum Consulting was founded in 2003, being the former Deloitte consulting business in France. It operated in France, Belgium and Luxembourg and has now been expanded into the Netherlands.

Kurt Salmon Associates was acquired by the Group in October 2007. It was founded in 1935 by German textile engineer Kurt Salmon and now operates globally. It is headquartered in Atlanta and has a network of offices throughout North America. It also has operations in Europe and Asia and partnership relationships in India and Spain.

Management's objectives

To be the leading group that redefines and consolidates the management consulting industry into multi-disciplinary consulting and professional services firms whilst delivering substantial shareholder value over the medium term by acquisition and organic revenue and margin growth.

Management Consulting Group adds value to the individual consultancies by its contribution to their strategies, providing capital, assessing investment priorities, co-ordinating the cross referral of work between the consultancies to achieve increased revenue and obtain cost synergies.

Participation

It is the long-term aim that at any time at least 20% of the equity is held by Group employees; this will be exceeded in the medium-term due to the funding of acquisitions by issuing shares.