Financial Overview Corliss Moore Group - Merger Integration

Central American Retail Holding Company (CARCHO) - Merger Integration

The Situation

·         Merger of the two largest retailers in Central America (both family owned, with a deal value of @$3B for the combined entity

·         Need for NewCo strategy clarification, business process integration, workforce and culture integration, expense reduction target achievement, operations rationalization

The Solution

·         Conducted a strategy clarification 'Executive Summit', including the top 25 executives from the combined company

·         Established integration success measurements with board and senior team

·         Established integration project management infrastructure (Senior 'Steering' Team, Project Management Team, Integration Teams)

The Results

·         Completed all operations and support functions integration activities ahead of schedule, preparing the company for eventual sale to WalMart