Telephone-Icon Phone
Mail-Icon E-Mail
Telefon-IconGIVE US A CALL
Email-IconE-Mail
Chat-Icon
©fotolia.com, Denys Prykhodovatreus_header 05 2©fotolia.com, Denys Prykhodovatreus_teaser img fuer 2 und 3 spalter 05 2

Case Study

Development of controlling structures at e-commerce world market leader

Preparation for SPAC-IPO

q

Company Details

  • Young e-commerce world market leader for cycling and tennis equipment with a buy-and-build strategy; rapidly growing market shares in outdoor and team sports sectors; COVID as an additional growth driver
  • Sales 2021: 1.6 billion USD, > 3,000 employees (incl. acquisitions)
p

Situation and Challenge

  • Introduction of controlling structures, lean holding company (accounting/consolidation and strategy/fundraising only)
  • NYSE-IPO via SPAC, scheduled for the end of 2021, as well as group-wide SAP S4/HANA implementation
  • Company has only limited IPO-readiness in early 2021 – very young, immature organization; insufficient management experience
m

Objective and Task

  • Development of holding/group controlling structures and processes with a focus on IPO
  • Introduction of a uniform management reporting system at holding level
  • Support  group-wide SAP S4/HANA implementation
  • Support group-wide data strategy project (BI/Data Virtualization)
n

Measures and Procedures

  • Introduction of shareholder-oriented management reporting based on uniform IFRS figures
  • Automation of processes for the collation of monthly PowerPoint presentation at subsidiaries; integration of a system-supported quarterly forecast
  • Conception of FI/CO harmonization initiatives for the SAP S4/HANA implementation
x

Results and Achievements

  • Implementation of management reporting, including generic interface for subsidiaries
  • Shortened monthly closing process, including system-supported forecast during introductory phase
  • Ongoing implementation of SAP CO concept for future management of the group
  • Handover to new permanent incumbent
atreus_teaser 4zu3 20230814 presseartikel LZ dirk boventer
atreus_teaser landscape 20230814 presseartikel LZ dirk boventer

Atreus in the Media

Inflation in the food trade: Expert interview with Dirk Boventer

In an interview with Lebensmittel Zeitung, Atreus Partner and Director Dirk Boventer issues a warning about higher prices in food retailing in the long term, despite falling inflation rates. There is a complex trial of strength between manufacturers and retailers, as both sides fear …

1 min. reading time

()
Read more
atreus_teaser 4zu3 20230725 Alounge KH KI
atreus_teaser landscape 20230725 Alounge KH KI

A·lounge | 25.07.2023

How are data and AI based applications like ChatGPT changing the consumer goods and retail world?

AI and data-driven applications have opened up a wide range of opportunities for companies to optimize processes and develop new business models. In the consumer goods and retail sector, there are numerous use cases in which AI is already being successfully deployed. In this …

Read more
©Shutter B – stock.adobe.comatreus_teaser img fuer 2 und 3 spalter 02 9
©Shutter B – stock.adobe.comatreus_teaser img 60zu30 02 9

Case Study

General Manager for Series Production and Growth

A battery pack developer and manufacturer has insufficient management expertise to move into profitable growth. An interim CEO from Atreus is tasked with implementing technology scaling, building a product line strategy, and repositioning a production line. He rebuilds team and processes and secures funding.

Read more