Lodestone enters Australian consulting market

Zurich, July 1st, 2007 - Lodestone Management Consultants AG (Lodestone), Zurich/Kloten is announcing the integration of Benelong Consulting (Benelong), Australia and formed Lodestone Management Consultants Pty Ltd in Sydney, Australia.

Benelong is a leading Australian SAP consultancy that covers the full spectrum of business transformation and ERP implementation programs, specialising in SAP.

In just under two years, Lodestone has become an international success story, with presence in now ten countries (Australia, Belgium, Canada, Germany, Luxembourg, Portugal, Switzerland, Thailand, UK and USA), employing 225 consultants. The growth, while rapid, is sustainable according to Ödman, Managing Partner of Lodestone, because of the carefully planned growth strategy.

Peter Ödman said that the merger offers great benefits for both parties, with Benelong instantly developing extra capabilities and a global network, while Lodestone gained a sound, proven base in the fast growing Asia Pacific region. As well, it gives Lodestone access to Australian SAP consultants for its international operations. The new company is a triumph for client-centric and people-focused consulting. Combining the market knowledge, personnel and ways of working will enable Lodestone to continue to service its expanding client com-mitments and growth plans.