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SPS

ALTIOS helps SPS expand their reach into the Asian market

When you’re alone and far away you really need local support and good advice, especially with contracting and navigating complex visa issues. I’m very glad to have the support of ALTIOS.

Stéphane Livet
VP Sales Asia, SPS IN Group
Challenge
  • A small company based in the south of France, SPS was ready to expand sales of their contactless payment technology into Asia by opening an office in Singapore.
  • With no knowledge of the Asian market or local presence, they needed help in the administrative tasks of setting up an entity, as well as recruitment of a new team.
Solution
  • ALTIOS supported SPS in the administration, contracting and bureaucratic liaison necessary to set up an entity in Singapore.
  • ALTIOS continues to manage the bookkeeping, payroll and administrative tasks of the Singapore entity, which has now grown to include the Asian operations of IN Groupe, the company that acquired SPS in 2018.
Results
  • With the entity established in Singapore in 2014, SPS has continued to grow in the APAC region, with local sales representatives now in place in Indonesia and Hong Kong. ALTIOS’ Asia footprint, with offices in Hong Kong, India and Singapore, has been instrumental in helping SPS navigate recruitment – especially dealing with complex visa issues.

Discover more on SPS

Company Profile

Headquarters: Rousset, France

Turnover: € 112 M (2021)

Sector: Manufacturing of computer, electronic and optical products

Expertise: Design, manufacture and marketing of electronic modules on flexible supports, smart cards, multi-component contact and contactless cards, and hardwares for electronics.

sps

HASLER Group

ALTIOS supports HASLER China in recruitment services throughout their long-term relationship

HASLER Group and ALTIOS have been working together for several years and ALTIOS has provided us with various services including recruitment, payroll hosting in several countries. For the Chinese market particularly, we have a recent yet sustainable relationship with a keen understanding of the needs and we appreciate the approach ALTIOS has on the Chinese market.

Romuald Collaudin
General Manager, HASLER Shanghai
Challenge
  • China is a prior market for HASLER Group, which has long been focused on building long-term relationships with the right customers and partners to build sustainable growth, and is now focusing on accelerating its development in the coming years.
  • To meet its objectives, HASLER Group is prioritizing the recruitment and retention of top talents that will help the company in developing its business activities and opening new sales channels in mainland China. HASLER Group is interested in acquiring profiles that already have a strong experience in respective industries and that can autonomously activate their existing networks as soon as they join the company to create short-term and long-term wins.
Solution
  • HASLER Group and ALTIOS have been working together for several years and ALTIOS provided HASLER Group with various services including recruitment in several countries. On the Chinese market particularly, HASLER Group & ALTIOS local teams have a sustainable relationship. ALTIOS has a keen understanding of HASLER’s needs and HASLER Group appreciates their approach to the Chinese complex market.

  • With both expertise in recruitment & business development, and dedicated recruiter based in Shanghai, ALTIOS has made it very efficient to identify, approach, and select profiles that match HASLER Group current and future needs.
  • ALTIOS & HASLER Group worked together to define a mission and its associated “job description” that answered HASLER’s business needs but also attracted the right talents interested in joining a fast-growing company in China.
Results
  • Through careful approach and follow-up, ALTIOS has been capable of securing two business developers that are currently helping HASLER Group in growing its revenue in China.

Want to know more about HASLER’s experience and its international development?

Zoe Zhu, VP – ALTIOS China, recently talked to Romuald
Collaudin, the General Manager of HASLER Shanghai, about the success story of HASLER Group.

Discover more on HASLER Group

Company Profile

Headquarters: Nanterre, France

Turnover:32 M

Sector: Industrial machinery/equipment manufacturer

Expertise: Dosing, mixing, filtering and kneading equipment for industries using continuous production processes: cement, fertilisers, mining and metals, fine and speciality chemicals, etc.

2 production sites: Mêle-sur-Sarthe (France), Shanghai (China)

Hasler’s brands:
Dosing: HASLER®
Agitation: LUMPP®
Filtration: AOUSTIN® Table Filter, Filtres PHILIPPE®, Filtres VERNAY®
Kneading: AOUSTIN® Continuous kneader, Malaxeurs GUITTARD®, NOVAMIX®

success story hasler altios

Savino Del Bene S.p.A.

Altios Accompanies Savino Del Bene S.p.A. Expansion in France

Language and cultural norms can be a major barrier to acquisitions. However, Altios' innovative M&A approach meant we could grow our presence in France and ensure a smooth transition of Tramar and Alpinea Shipping within our business structure and corporate culture.

Gianni Bachini
Savino Del Bene’s Managing Director of Spain, Portugal, and France

Challenges

  • In the early ‘90s, Savino Del Bene opened its first office in Paris, France, as part of the company’s international expansion that was begun in the 1950s by the founder’s son Alessandro Del Bene. The company continued to expand in France, later opening offices in Lyon and Bordeaux.

  • “It became evident that for us to grow our business in France, we needed to have a strong presence in the two major maritime ports, Le Havre and Marseille,” said Gianni Bachini, Savino Del Bene’s Managing Director of Spain, Portugal, and France.

  • “We knew the fastest approach to expansion in the French marketplace would be through acquisition.” But to do so would mean finding the right partner and, just as importantly, meeting complex French legal requirements. “We needed to think the French way,” commented Mr. Bachini.

Solutions

  • After successfully acquiring Alpinea Shipping in October 2021, Savino Del Bene sought Altios Corporate Finance‘s help again to further its expansion in France and Europe.
  • The Altios team began the second M&A project for Savino Del Bene by conducting a complete market analysis and shortlisting potential acquisition candidates.
  • Following the initial successful introduction meeting, Altios led the next steps in the M&A project.

Results

  • By the end of 2021, Savino Del Bene had grown its revenue in the French market by more than €50 million through the two successful acquisitions. “By bringing Tramar and Alpinea Shipping within our family, we could expand our European network and footprint throughout France and strategic maritime ports,” said Mr. Bachini.

  • Throughout the two acquisitions, Altios developed a close working relationship with the team at Savino Del Bene. This strong partnership approach ensured all parties in the M&A process were part of the process.
  • Language and cultural norms can be a major barrier to acquisitions. However, Altios’ innovative M&A approach meant we could grow our presence in France and ensure a smooth Tramar and Alpinea Shipping transition within our business structure and corporate culture,” commented Mr. Bachini.

Want to know more about Savino Del Bene’s experience and its international development?

Visit the website

Company Profile

Founded in 1899

Headquarters in Florence, Italy

International shipping and logistics support services

Operating in more than 60 countries

5,300 employees across 306 offices

Annual revenue €4.5 billion

logistic maritime