Alvarez & Marsal opens a fourth office in Germany to expand service offerings in the Rhine region
Munich – Leading global professional services firm Alvarez & Marsal (A&M) has strengthened its presence in Germany by opening its fourth regional office in Düsseldorf to help businesses maximise value, especially those located in Nord Rhine-Westphalia.
A&M’s Dusseldorf office opening is in response to the need of many large German conglomerates to re-focus on their core services and ensure their organisations are fit for the future. A slow-down in the global economy, cultural shifts in the workplace environment and changing consumer spending patterns mean that firms may need to make fundamental changes to protect and grow their businesses moving forward.
Peter Platsch, A&M Managing Director based in the Düsseldorf office, commented: “Based upon our significant experience working with corporate and private equity clients in the Nord Rhine-Westphalia region we have seen a growing demand from clients to work with A&M to deliver expedient and pragmatic solutions to their challenges. Our presence in Dusseldorf provides us with stronger platform to meet their needs on the ground.”
A&M has had a presence in Germany since 2006 and now has over 150 professionals serving both corporates and private equity clients. In addition to the new office in Dusseldorf, the firm has offices in Munich, Frankfurt and Hamburg. In Europe, A&M now has twenty offices across fourteen countries. During the last two years, A&M’s European headcount has increased by over 50% and the firm welcomed its 1000th employee in Europe last month.
Jürgen Zapf, Managing Director and Co-Head of A&M Germany commented: “We are currently experiencing unprecedented growth across the spectrum of all our professional services. The opening of our Düsseldorf office is evidence of the market’s acceptance of, and responsiveness to, our integrated platform, our hands-on leadership, action results approach and our commitment to maximise value.”
-ENDS-
Corinna Voss, Managing Director, HBI Helga Bailey GmbH, +49 (0) 89 99 38 87 30
Sandra Sokoloff, Senior Director of Global Public Relations, Alvarez & Marsal, +1 212 763 9853
