Supply chain management consulting firm The Progress Group (TPG) has become a division of the British consultancy Crimson & Co., following two years of working together as partners, the firms said Monday.
The companies did not reveal the terms of the merger.
Atlanta-based TPG will now be known as Crimson & Co. North America, giving London-based Crimson an expanded foothold in the U.S. TPG first joined Crimson's global network in 2014, serving as Crimson's U.S.-based partner and in turn gaining access to its portfolio of knowledge, services, and expertise, the firms said in a release.
Founded in 1991, TPG provides consulting services with a concentration in retail, e-commerce, warehouse, and network design. The firm found a shared culture with Crimson in creating supply chains that are effective and sustainable, according to a statement from Bruce Strahan, who will serve as president of the newly formed Crimson & Co North America. Following the change in name, TPG does not plan any changes to its employment levels or to its range of services in strategic planning, facility and operations design, cost reduction, process improvement, and program management, Strahan said.
"Over the past two years, [TPG has] delivered significant value to Crimson & Co.'s global client base, especially with their deep expertise in the retail sector and warehouse design," Crimson & Co worldwide CEO Richard Powell said in a release. "This next step now means that we have a seamless, fully integrated service for our clients in the U.S."
Crimson was founded in 2003 as a global consultancy specializing in supply chain strategy, planning, procurement, manufacturing, logistics, and customer channels, with a customer base including Sony, Diageo, Carlsberg, BAT, GSK, Tesco, and Merck.