VMZINC: Industrial Digital Transformation

Covering 20 countries, the VMZinc mission was a complex one, but its success was ensured by optimum collaboration.

Context & objectives

VMZinc, a division of the industrial group Umicore, was sold to the Belgian group Fedrus International. This transaction posed the question of the independence of the division’s IT system vis-à-vis its parent company and the difficulties and/or risks associated with a blurred separation between the companies.

Business Challenge

The assignment entrusted to Netsystem was therefore to ensure that the sale of VMZinc took place in line with the quality demands of the seller and purchaser. More simply, it was a matter of:

  • Enabling Umicore to cleanly separate from its VMZinc division in technical terms (HR, payroll, ERP, etc.) and in legal terms.
  • Enabling the efficient takeover of a business whose support functions are performed by the Fedrus group.
Solutions & methods

Over a 6-month period, the Netsystem experts attended to facilitating data migration between the “integrated management software” of Umicore and Fedrus at both the operational and human resources level. The second stage consisted of implementing the new infrastructure devoted to the different aspects of the acquired business and deploying it on a global level, providing interconnections between 20 countries. Lastly, the domain name and messaging system at VMZinc were modified in order to adapt to the architecture already in place at Fedrus.

The approach achieved the desired results, enabling VMZinc to be sold and then transferred without any loss of business within 6 months. The initial estimated budget was respected, as were the tight deadlines adopted as part of the transition agreement (TSA).

Key success factors
  • The transparency of the information exploited by the Netsystem experts
  • Optimum collaboration with the seller, Umicore
  • Upstream measures by the client enabling the project to start immediately
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