Clearwater International Germany has for the first time received the ’Best of Consulting’ Award from WirtschaftsWoche, Germany’s leading economic news magazine. The team triumphed in the M&A / Finance & Risk Management category for outstanding advisory services regarding the merger of three owner-managed companies (X-Label, Rako and Baumgarten) to form All4Labels Group, one of the world’s leading packaging manufacturers. An academic advisory committee and an independent panel acknowledged the performance of Clearwater International’s advisory services by awarding the ‘Excellence’ rating.
On 21 November 2017, Daniel Rettig, Editorial Head of the ‘Management and Success’ section at WirtschaftsWoche, handed the ‘Best of Consulting’ quality seal over to our Managing Partner Axel Oltmann, Associate Director Christopher Herzog and Director of Marketing and Communication Uta Roseano at the award ceremony in Düsseldorf.
Tim Fiedler, CEO of All4Labels Group said: “Clearwater International has been working with the X-Label Group for many years as an adviser and knows the company and its needs very well. The strategic objectives of Rako and X-Label in this transaction included the focus on internationalisation, the development of new markets with new products, and access to complementary technologies.”
Adrian Tippenhauer, CEO of All4Labels Group continued: “The Clearwater International team excellently supported the merger with its in-depth sector expertise in this important step and made a significant contribution to the successful merger.”
Axel Oltmann, Managing Partner, Clearwater International said: “We are delighted with the award, which confirms what we stand for as a business; quality service, passion, and individuality of our consulting services at all levels, continually ensuring the best possible result for our clients. As a partner-led and independent corporate finance advisory provider, we stand by the side of our clients throughout the entire process and of course go that ‘extra mile’ for them.”