Accenture finalizes Camelot Management Consultants acquisition, boosts SAP and AI expertise

MANNHEIM, GERMANY — Global professional services giant Accenture has finalized its acquisition of Camelot Management Consultants, expanding its SAP and AI capabilities in Europe.
While financial terms remain undisclosed, the acquisition excludes Camelot’s Indian operations temporarily due to administrative requirements.
Strategic enhancement of supply chain capabilities
Headquartered in Mannheim, Germany, Camelot Management Consultants brings over 700 specialized professionals to Accenture’s workforce of 750,000 employees. The acquisition particularly strengthens Accenture’s position in supply chain management, data analytics, and SAP implementation services across key markets including Germany, Austria, and Switzerland.
Founded in 1996, Camelot has established itself as a premier SAP partner, serving major clients in chemicals, life sciences, consumer goods, and industrial manufacturing sectors. The firm maintains a global presence with offices across Europe, the United States, United Arab Emirates, and India.
Industry impact and market reach
The acquisition addresses a critical market gap, as research indicates only 9% of companies currently utilize AI and generative AI extensively in their supply chains.
“Today, we are seeing a surge in demand for data and analytics services in supply chain management, strongly driven by increased market volatility and the need for companies to make their logistics more efficient,” said Tobias Regenfuss, Technology lead Austria, Switzerland and Germany, Accenture, when the merger was first announced in July 2024.
“With our acquisition of Camelot, we will further enhance our capabilities and services to help our clients use technology to address complex and pressing business needs and drive additional value.”
Camelot’s Managing Partner, Libor Kotlik, also expressed optimism about the merger: “Accenture’s global scale and service portfolio will enable us to bring innovative ideas and solutions to clients while creating exciting development opportunities for our people. Together, we will address key market demands and build lasting value for our clients.”
Accenture’s financial performance and growth
Accenture reported revenues of $16.4 billion for the fourth quarter, up 3 percent in U.S. dollars and 5 percent in local currencies over comparable prior year periods.
The company operates in more than 120 countries and has a workforce of about 750,000 people. For the second year running, it ranked #1 in OA500 2024, an objective index of the world’s 500 top outsourcing companies.
The deal follows Accenture’s strategic pattern of expanding its technological capabilities, coming after its acquisition of Norwegian SAP specialist Einr in May 2023.