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E2E Infoware and Lodestone Management Consultants agree to merge - a triumph for client services on regional and global level

 

21.12.2007 - Singapore-based SAP consultancy E2E Infoware Pte Ltd (E2E) has today announced that they will merge with Swiss-based Lodestone Management Consultants (Lodestone) to form part with Lodestone Management Consultants in Singapore and India. The merger will be effective in early 2008.

 

By merging the two companies and leveraging their combined strength a powerful new Consulting company has been created with increased market presence in the South-east Asia region and an excellent project delivery capability on a global scale.

 

Merger benefits both companies and our clients

Managing Partner of Lodestone, Peter Ödman said that the merger offers great benefits for both parties, with E2E instantly developing additional capabilities and a global network, while Lodestone gained a sound, proven base in the fast growing South-east Asia region. In addition the merger provides Lodestone with Singapore and India based SAP consultants for its international operations.

 

“Local clients are increasingly demanding professional services on a regional and even global level. With the merger we will be in the position to provide a much higher level of services to local clients outside our national boarders. This will allow our Singapore based consultants to be part of a truly global organization. In the future they may have opportunities to work overseas on large scale projects with multinational companies, which will significantly increase their international consulting profiles”, said Mr. R. Raghuprakash, CEO of E2E Singapore.

 

Lodestone’s rapid growth

In just over two years, Lodestone has become an international success story, with offices in eleven countries (Australia, Belgium, Canada, Germany, Luxemburg, Poland, Portugal, Switzerland, Thailand, UK and USA), employing more then 300 consultants. Lodestone’s growth, while rapid, is sustainable according to Ödman, because of the carefully planned growth strategy. “When we enter a new market, we carefully select an established local company we consider to merge with – such as E2E. Of particular importance to us is a good corporate culture fit, a complimentary scope of professional services offered to the market as well as a good match to the industries we focus on” Ödman said. “So that means we have not gone into the market as outsiders.”

 

About Lodestone

Lodestone Management Consultants AG (“Lodestone” or the “Company”) is a global management consulting firm committed to design and deliver solutions that enable international companies to thrive in today’s complex business environment.

 

The Company has extensive experience with global and highly complex transformation programs enabled by SAP in a wide spectrum of clients ranging from mid-sized to Fortune 500 entities. On that basis, the Company has established several key client relationships where it earned the status as preferred service provider.

 

Lodestone was founded in Switzerland in 2005. Its headquarters and the roots of the Company are in Zurich, Switzerland. Committed to accelerated growth, Lodestone fostered international expansion by growing its business into eleven Countries.

 

Please find more information about us, our history, services and people at www.lodestonemc.com

 

About E2E

E2E was incorporated in 2001 and has grown over the past 7 years to become one of the most respected consulting, business software, systems integration and IT support companies in the South-east Asia SAP marketplace. The company’s headquarters is in Singapore, and it currently employs more then 100 SAP consultants mobilised to service their clients across the Region. Branch offices of E2E have been established in India and the UK.

 

E2E consulting services cover the full spectrum of business transformation and ERP implementation programs, specializing in SAP. E2E is also a SAP Channel Partner (acting as a reseller of SAP software). E2EI has completed projects for companies such as DHL Express Singapore, Johnson & Johnson, Certis Cisco Security, National University of Singapore, Singapore Computer Systems and many more.

 

For more information please contact:

Martina Brandmeier at martina.brandmeier@lodestonemc.com

 

Raghu at raghu@e2einfoware.com