Supriya Ghosh (Editor)

Simon Kucher and Partners

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Industry
  
Management consulting

Revenue
  
241 million EUR (2016)

Founder
  
Hermann Simon

Headquarters
  
Bonn, Cambridge

Key people
  
Dr. Georg Tacke, CEO

Number of employees
  
980 (2016)

Founded
  
1985

Type of business
  
Partnership

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Products
  
Management consulting services

Profiles

Simon-Kucher & Partners is a global management consulting firm headquartered in Bonn, Germany, Cambridge, Massachusetts, USA, and Singapore. Simon-Kucher & Partners has 33 offices in 23 countries and 980 employees.

Contents

Founded in 1985 by Hermann Simon, Eckhard Kucher and Karl-Heinz Sebastian, Simon-Kucher & Partners provides strategy, marketing and pricing advice to clients across sectors and geographies. The company is described by The Economist as "the world's leading pricing consultancy" and by Bloomberg Businessweek as a "world leader in giving advice to companies on how to price their products".

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History

The consulting firm Simon-Kucher & Partners was founded in Germany in 1985 by Hermann Simon and his doctoral students Eckhard Kucher and Karl-Heinz Sebastian. In 1996, they opened the first foreign office in Cambridge, Massachusetts. From 1995 to 2006, Hermann Simon was the chairman of the board of Simon, Kucher & Co. Holding GmbH, that was headquartered in Bonn. From 2009 till end of 2016 the German parent company has been led by co-CEOs Klaus Hilleke and Georg Tacke. Both have been working for the company since 1988. Since 2017, Georg Tacke continues heading the company as sole CEO. Other subsidiaries exist in several European countries as well as Latin America, Australia, Japan and the People's Republic of China. In North America, Simon-Kucher is represented by the American parent company, Simon-Kucher & Partners Strategy & Marketing Consultants, LLC.

Global revenue of the group in 2008 was 98.7 million euros. In 2009, the group generated 88.7 million euros global revenue and was satisfied, "with the 'crisis year' of 2009, despite a decline [10 percent] in revenues". In 2012, Simon-Kucher generated total revenues of 145 million euros. In 2015, Simon-Kucher generated total revenues of 209 million euros. At the end of 2016 the company reported an annual revenue of 241 million euros, employing 980 associates in 33 offices worldwide.

Focus

The group focuses its consulting work on the areas of strategy, marketing and sales. From 2007 to 2009, Simon, Kucher & Partners carried out more than 2,000 projects, over 1000 of which in the area of pricing. The latter is considered the company's core competence and an area where it is a world leader.

Offices

Simon-Kucher has 980 employees in 33 offices and 23 countries.

References

Simon-Kucher & Partners Wikipedia