Alvarez & Marsal

When the board of directors of Elamex, SA de CV, a publicly traded Mexican snack food producer, wanted to assess the strategic direction of the company’s $100 million candy and nut divisions, they turned to Alvarez & Marsal’s Business Consulting Group. During a six-week diagnostic, Alvarez & Marsal evaluated market conditions for each division, determined customer and product profitability and assessed supply chain efficiency. Working with the Chief Executive Officer and senior management, the team successfully developed a full-potential strategic business plan that included significant performance improvement opportunities in logistics and procurement to be implemented with the assistance of additional experts brought in by Alvarez & Marsal. To improve plant utilization and take advantage of scale economies, Alvarez & Marsal also identified long term revenue and margin improvement opportunities that included the formation of strategic production and marketing alliances with other candy and nut producers.