EMCC European Monitoring Centre on Change

Kvadrat

16 Jul, 2015
    • Denmark
    • Non-European country
  • Organisation size

    50-249

  • Establishment size

    50-249

  • Type of restructuring
    • Business expansion
    • Internal restructuring
    • Merger/Acquisition
  • Ownership
    • Private
  • Involved actors

    • Business partners/supply chain
    • Education/training provider
    • Private consultants
  • Anticipation of change activities
    • Strategic long-term monitoring of individual organisations economic and financial situation
    • Training/skill development
    • Strategic long-term monitoring of market and technological developments
    • Establishment of networks/partnerships with regular exchange facilities
    • Development and maintenance of capacities and competencies for anticipation of change
    • R&D - innovation
  • Management of change activities
    • Support of networks/partnerships among organisations
    • Diagnosis of the situation and designing change procedures
    • Information and consultation of workers or their representatives
    • Monitoring of the impact of the restructuring
    • Reorientation of previous productive resources (site/equipment/etc) and diversification measures
    • Redeployment of affected employees within the organisation
    • (Re)training of affected employees
Kvadrat A/S is a leading textiles company, specialising in the design and sale of high-quality interior textiles. In addition to designing textiles for furniture and curtains, the company has extended it portfolio to include textile-related products, while entering new markets such as the retail and shipping industries. Kvadrat has made a strong comeback since a recession affected the industry in 2002, by adopting a forward-looking strategy aimed at future growth. The company’s 2007–2010 strategy comprises a core part of its vision, based on product diversification and market expansion through partnerships, as well as consolidating the company’s position in Europe while expanding its position outside of Europe.
 
keywords
  • Cross-border restructuring
  • Globalisation/Internationalisation