Accenture plc acquired Kurt Salmon, a transaction completed in November 2016.
Kurt Salmon operates in Strategy, is based in New York / global (offices in U.S., Germany, U.K., Japan, China). Kurt Salmon was a global strategy consultancy specializing in the retail and consumer sector, founded in 1935, with roughly 260 consultants across the U.S., Germany, the U.K., Japan and China. Accenture folded it into Accenture Strategy to deepen end-to-end advice for retailers and the private-equity firms that back them, spanning operating-model design, supply chain, merchandising and omni-channel.
Accenture positioned the deal as a response to digital disruption reshaping retail, giving Accenture Strategy specialist retail and consumer-goods advisory depth.
Accenture Strategy
Digital disruption is driving significant shifts in the retail industry, from changing customer expectations to new emerging competitors, and leading organizations recognize the need to reshape their business strategy and rethink their operating models to remain competitive.Chris Donnelly, Retail Industry Lead, Accenture Strategy
Advisory firms were not disclosed for this transaction.