Accenture (NYSE: ACN) acquired T.A. Cook, a Berlin, Germany-based consultancy specializing in asset performance management and capital projects for clients in capital-intensive industries and infrastructure.
The amount of the deal was not disclosed.
The acquisition will strengthen Accenture’s capabilities for improving asset performance, increasing safety, and reducing environmental impact and cost in the chemicals, life sciences, metals and mining, and oil and gas industries. The company brings a team of 130 consultants, engineers, and development coaches. They will join Accenture’s Industry X group, strengthening its services for digitizing clients’ engineering functions, asset performance management, factory floors, project management office services and plant operations.
Founded in 1994 by Frank Uwe Hess, T.A. Cook provides services in data-driven maintenance, operations and asset life cycle management including a proprietary as-a-service reliability solution. Its asset performance management capabilities are designed to help companies increase profitability by lowering operating costs while boosting plant utilization. Its capital projects skills support clients looking to increase capacity and reduce cost through large investments in manufacturing plants and technology.
T.A. Cook also has additional offices in Canada, Hong Kong and the United States.