Treasury restructuring & reorganisation
Whenever corporates go through M&A transactions, there are high expectations towards treasurers to extract significant synergies and realize benefits of scale. In such challenging & time sensitive projects, treasurers are very much focused on quick wins only, rather than a full integration of treasury practices which lead to efficiency gains in the medium term already.
At O2 Finance, we have worked with our clients both through divestment & integration projects from the strategic assessment phase until the operational implementation of transactions. In order to reach expected level of synergies by top management, buy-in on the project scope & level of integration is essential.
We have developed project plans to ensure a smooth transition & timely completion of the key milestones. We have successfully assisted in the preparation & implementation of the alignment of transactional banking partners, renegotiations of credit facilities, integration of hedging practices and streamlining of banking fees & payment processes.
- Divestment of a 15 bio USD business line of with an industrial multinational company, whereby O2 Finance was responsible for the full project management between multiple locations & work streams as well as the spin-off of regional cash management practices (cash pools, parent guarantees, local credit facilities, banking fees & payment methods).
- Merger between 2 industrial multinational companies, whereby O2 Finance was in charge of the global bank alignment & integration. We mapped out the current practices of both companies & built and implemented a project plan for the cash management & banking landscape to ensure aligned credit conditions, bank account management, payment tools & cash pool integration.