E.ON: Preparing for Integration
E.ON and Innogy, separately two of the largest energy generation and transmission firms in the world, combined in a €43bn transaction. The combined organisation now serves more than 50 million customers in 15 countries, and employs more than 70,000 people.
Read out we helped build rapid capability enabling leaders to successfully deliver one of the most complex integrations in European M&A.
Client Context
Predicting a significant role in the upcoming integration – likely to be one of the largest and most complex in European M&A history – a dedicated Innogy team of transformation and programme management experts lacked one core capability: deep, structured experience in managing and supporting post-merger integrations.
Through their work, Oaklin demonstrated their deep knowledge and experience across the full M&A value chain; from understanding potential deal rationale, sourcing a deal, M&A execution, through to practical hands-on post-merger integration. We chose Oaklin in favour of other potential partners due to their customised, customer-focused and flexible approach which did not come at any expense of depth-of-knowledge and practical hands-on experience in the technical and softer aspects of M&A.
Monika Wladerkiewicz, Transformation Program Manager, E.ON/Innogy
Solution
Over a period of four months, Oaklin developed and delivered a case-study driven programme of training, coaching and support to over 50 individuals across the business, focusing on a range of integration-related skills from benefits assessment through programme governance, communications and leadership.
Their high customer focus and willingness to adjust the approach to our needs ensured that the program enabled our experts to gain additional skills to support the business with potential integration challenges. Oaklin's approach throughout our entire engagement made us see them as our partners, rather than just consultants.
Monika Wladerkiewicz, Transformation Program Manager, E.ON/Innogy
Client Outcome
Based on strengthened capabilities, increased confidence and a newfound reputation, most of those involved in the programme went on directly to successfully lead major elements of the integration across the business.
