The Italian companies in the sector are going through consolidation
Duke&Kay and STM – a Valtus Company, two Milan’s executive interim management firms, merged (see here the press release).
Both the companies are part of French Valtus Alliance, a high-standards international executive interim management network with offices in 30 countries and a coverage of more than 50 nations.
Valtus created Valtus Alliance in 2023. The firm has subsidiaries in France, Germany, Austria, Denmark, Finland, Sweden, and Italy. In 2024 it posted sales of 123 million euros. Valtus wins in the region of 900 mandates per year, for any sector, any company and any function grace to its 50000 operative executives. In 2024, Valtus acquired Studio Temporary Manager (STM) (see here the press release).
STM was born in 2010 and has a multidisciplinary team of more than 30 Italy’s partners which assists companies in various situations, such as covering managerial vacancies, business improvement and development projects, extraordinary operations, project management and executive search.
Duke&Kay was born in 2005 and its seasoned senior partners gained experience in 20 different fields. The firm’s focus is on corporate restructuring, turnaround and performance improvement as it leverages on the partners’ industrial skills, extraordinary finance and, where necessary, profound expertise in the application of insolvency rules.
Thanks to a team of highly qualified professionals with solid experience in a wide range of industries, the new company now acts as a single point of contact for companies facing moments of transformation and change: from optimisation of company performance to restructuring, from m&a operations to international expansion, from industrial turnaround operations to filling managerial gaps.
Roberto La Caria, managing partner of STM Valtus, said: “Speed, professionalism and flexibility are critical factors in a constantly and above all rapidly changing world. Executive interim management is characterised by these features and provides an operational and execution capability that quickly and effectively impacts the results of the business”.
Maurizio Ria, a managing partner of Duke&Kay, added: “Today’s companies need reliable partners with cross-functional skills and a clear strategic vision. Our proposition is a reliable and concrete response to this need, allowing us to intervene quickly and effectively in all contexts where change is necessary”‘”.
On 28 February, Friday, Italian temporary management players Contract Manager and TIM Management merged and created the biggest firm with Italian investors generating sales in the region of 7 million (see here a previous post by BeBeez).
