Horn Company Expands German Team with New Partners in Industry and Financial Services

What's Happening?

Horn & Company has announced the appointment of two new partners, Manuel Farrokh and Jan Peter Schmütsch, to strengthen its German team. Manuel Farrokh joins the Industry & Retail team in Düsseldorf, bringing over 15 years of experience in senior management and consulting roles within the consumer goods and retail sectors. His career includes positions at Peek & Cloppenburg, SinnLeffers, MarcCain, BiBA, and Van Laack, as well as roles in several consulting firms in Germany. Jan Peter Schmütsch joins the Financial Services practice in Hamburg, with over 12 years of management consulting experience, particularly in the insurance and financial services sectors. Schmütsch has led numerous transformation projects focused on sustainable growth and profitability improvement during his time at McKinsey & Company and Boston Consulting Group.

Why It's Important?

The appointment of Manuel Farrokh and Jan Peter Schmütsch is significant for Horn & Company as it aims to bolster its capabilities in the Industry & Retail and Financial Services sectors. Farrokh's extensive experience in consumer goods and retail will enhance the firm's advisory and transformation projects, while Schmütsch's expertise in insurance and financial services will support Horn & Company's growth ambitions in these areas. The expansion of the team reflects the firm's strategic focus on strengthening its industry-specific practices and increasing its revenue base, which was recently boosted by the acquisition of Investors Marketing, a banking-focused boutique firm.

What's Next?

With the addition of Farrokh and Schmütsch, Horn & Company is poised to pursue further growth in the Industry & Retail and Financial Services sectors. The firm is likely to leverage the new partners' expertise and networks to expand its client base and enhance its service offerings. As Horn & Company continues to grow, it may seek additional acquisitions or partnerships to further strengthen its market position and increase its revenue base, which currently stands at nearly €95 million.

Beyond the Headlines

The appointments of Farrokh and Schmütsch highlight the importance of industry-specific expertise in driving growth and transformation within consulting firms. Their roles underscore the value of strategic leadership and vision in implementing successful business processes and achieving sustainable growth. As Horn & Company continues to expand, the firm may face challenges in integrating new partners and aligning their strategies with existing practices, but the potential for increased market influence and client satisfaction remains high.