BIG DRUM
The company: Big Drum counts with an experience of 75 years in manufacturing and packaging biscuits for ice creams.
Background: BIG DRUM started an ambitious plan to increase the sales of the group in 2009. The operations plant in Hyderabad has been crucial in order to produce and commercialise its products in India. BIG DRUM finalised the negotiations and signed the contract with its Indian partner in the frame of the celebration of the Multilateral Partnership Meeting India in New Delhi last 24th and 25th September 2009.
Achievements: BIG DRUM starts its operations in India buying 51% social capital of a plant in Hyderabad specialised on manufacturing biscuits for ice creams. Important key companies of the sector like Amul, Mother Diary and Hindustan Lever are among their clients.
inQuve Added Value: inQuve provided its know how to assess the JV agreement and considered the profile of the cal partner. inQuve supervised and advised on the recruitment process for executive directors. inQuve offered its expertise regarding the subventions and bilateral agreements available from both Indian and Spanish Government and advised in legal and fiscal issues. In the same way, inQuve reported about the visits to the production plants.