Octagona and Bonfiglioli Consulting together to become Italy's first international consulting firm

Octagona, a consulting firm specializing in the implementation of internationalization processes, e Bonfiglioli Consulting, a consulting firm specializing in the Lean Thinking and Lean World Class® management approach, announce that they have signed the agreement for Bonfiglioli Consulting to acquire a minority stake of 10% in Octagona. With this agreement, the resources shared at 80 professionals e the principals Of the two companies in the world become nine: Carpi, Bologna, Milan, Padua (Italy), New Delhi, Bangalore (India), Hanoi, Ho Chi Minh City (Vietnam) and Belo Horizonte (Brazil).

It is a mutually beneficial agreement: Bonfiglioli Consulting, having already embarked on a path of cross-border growth in 2008 by joining the international consulting network Cordence Worldwide, Strengthens its position in international markets with the aim of further increasing its turnover from abroad, which to date reaches 40% of the total; Octagona, for its part, increases the already significant presence at the national level, also acquiring the know-how and experience of one of the few entirely Italian consulting firms focused on the Lean Thinking management approach.

“We have been collaborating with Octagona for a few years now - emphasizes Michele Bonfiglioli, Managing Director of Bonfiglioli Consulting - and this attunement led us to Joining forces to make a greater impact in an increasingly globalized and connected marketplace. The alliance with Octagona marks a further step forward from the’goal of becoming Italy's first international consulting firm, thanks to organic growth that is taking place both by internal line, leveraging existing and available resources in the company that this year consolidates growth to 7mln euros, and by external line through acquisitions or agreements”.

“The strong synergy with Bonfiglioli Consulting. - adds Alessandro Fichera, CEO of Octagona - stems from common roots and a strong vision that sets modern enterprise on an increasingly methodical path. Our clients need to improve their organization more and more every day in order to ensure solid performance in international markets. Hence, the combination of lean thinking, innovation and internationalization becomes a key driver for winning within an environment that is as fiercely competitive as it is complex. Today we are ready to accompany our clients in their global challenges, with more expertise”.

The agreement between Bonfiglioli and Octagona goes in precisely this direction, that is. Supporting enterprises that want to reap the opportunities of globalization. The partnership includes not only the acquisition (by capital increase) of a minority stake in Octagona by Bonfiglioli Consulting, but also the sharing of all the offices of the two companies, the sharing of development programs on mutual clients, a path of managerial integration between the two consulting platforms, and support for the international development of Bonfiglioli Consulting through Octagona's foreign facilities.

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