We supported our client with a £4bn divestment of its coffee business, with just four months between deal announcement and completion. We helped them achieve Day-1 readiness and to deliver their subsequent separation and cost-base realignment programs.
We set up a central separation management office, with leads embedded across each functional area to drive the program forward at pace. In parallel, we designed and implemented the joint governance forums to co-ordinate all parties throughout the separation. We also designed and governed the Transition Service Agreements (TSAs) to support the separated entity post-sale.
Following Day 1, we developed and coordinated robust migration plans to manage the complex separation of the supply chain, HR, finance, IT and other back-office processes, while supporting the restructure of the remaining business.
The successful sale and seamless separation enabled our client to streamline their business, maximize value for shareholders, and provide funds to invest in future growth, which was well recognized by the markets.
”The business and Gate One teams worked together closely to deliver as one, seamless team.
Head of change
Summary of work
- Separation and divestment
- Day-1 readiness
- First 100-day planning
- TSA governance