PwC Belgium has acquired S&V Management Consultants, a supply chain management consulting firm.
S&V has 50 staff at offices in Belgium and the Netherlands and specialises in supply chain management and business analytics across industries such as pharma, food and fast moving consumer goods. The firm reported combined office revenues of €10m ($14.4m) in its most recent fiscal year.
PwC said it has obtained 100% of S&V shares and also the intellectual property linked to the Equazion decision support tool and methodology; a business analytics software tool for analysing and improving performance at company level.
“The S&V team will provide our firm with significant capabilities in the areas of supply chain strategy, process excellence, performance analytics and profitability enhancement. PwC has previously worked together with S&V and their highly acclaimed Equazion tool for various clients we have in common, so we’re far from being strangers,” said PwC Belgium chair Karel De Baere said.
“We are fortunate to be able to commit to this enhancement of the Consulting practice at the same time we are investing significantly in the closely related areas of financial performance, treasury and technology consulting,” PwC’s consulting department partner Bert Kuypers added.