Supporting people through acquisition transition
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There was a long period of uncertainty anticipated during the acquisition of Rexam by the American conglomerate, Ball. HR’s role was to address this change and ensure employees felt supported whether they were leaving or remaining. Because the activity took place over 17 months across 4 different geographies, they needed the support of LHH to help steady the ship and offer outplacement support to those exiting the business.
There were key things Rexam were looking for during this period of uncertainty. They needed a supplier who could act fast, cover the global reach and tailor the outplacement programs to their needs. LHH came on board and upskilled their internal HR and OD teams in order to have effective career conversations and deliver some of the traditional career transition workshops. They also created an online portal to help people really think through their careers and prepare for their next move.
The results were phenomenal. This program helped the business continue to grow during the acquisition. Saving £22 million, Rexam continued to build new plants and the sales over that period were up 2%. Using the tools and techniques Rexam employees have learned from this experience means they are better equipped to deal with change and manage their careers.