SLIDE 1
Deufol SE
- Global premium service
provider for packaging and related services
- Started in 1979 with strong
expansion
- Public listing in 1999,
The story goes on International Business Collaboration Deufol SE - - PowerPoint PPT Presentation
The story goes on International Business Collaboration Deufol SE - - PowerPoint PPT Presentation
The story goes on International Business Collaboration Deufol SE Global premium service provider for packaging and related services Started in 1979 with strong expansion Public listing in 1999, delisting in 2013 Deufol SE
SLIDE 2
SLIDE 3
Deufol SE
- 93 offices
- 11 countries
- 2,900 employees
- Revenue 341 million
SLIDE 4
Target – Novaedes Group
- Competitor to Deufol
- Operations in Belgium: Port of Antwerp, Lier
(close to Antwerp) and Brucargo (Brussels Airport)
- Subsidiaries in France (Paris) and Germany
(Butzbach)
- Consolidated revenue of 20 millions in 2015
- Leading industrial packaging group in
Belgium.
SLIDE 5
Joint due diligence assignment MGI
- RFQ by Deufol group for joint DD assignment received October 2016
(competition with EY and Deloitte)
- Joint MGI offer for DD assignment by MGI (Van Herck for Belgium,
FCN for France, Votum AG for Germany) issued October 19, 2016
- DD assignment won by MGI and signed October 20, 2016
- Field work, interim meetings with Belgian and German management
and interim reporting between mid-October and mid-December
SLIDE 6
Joint due diligence assignment MGI
- Presentation of due diligence findings on December 7
(to Deufol management) and December 15 (to target management)
- Significant price-reduction obtained by Deufol
- Succesful closing of acquisition by Deufol group of
100% of Novaedes shares on December 29, 2016.
SLIDE 7
Subsequent win of audit assignments Deufol Belgium and France
- Audit assignements previously held by EY (existing
Deufol companies) and KPMG (Novaedes Group Belgium)
- Agreement with Deufol management for MGI pitch
for the audits of the Belgian Deufol entities and the Belgian and French Novaedes entities
SLIDE 8
Subsequent win of audit assignments Deufol Belgium and France
- Joint MGI offer for the audits in Belgium and France
issued in January 2017
- Succesful win of all audit assignments starting FY
2017 of Belgian and French Deufol (including ex- Novaedes) entities by MGI (Van Herck and FCN)
- Succesful win of audit assignment ex-Novaedes
Germany by Votum AG.
SLIDE 9
Contact us
VOTUM AG
Guiollettstraße 54 60325 Frankfurt/M. www.votum.eu
VAN HERCK & Co
Herentalsebaan 645 2610 Wommelgem www.vanherckbedrijfsrevisoren.be
FCN
45, rue des Moissons 51065 Reims Cedex
www.fcn.fr