Although Morgan Chambers plc was acquired by EquaTerra Europe Limited on 31st August 2007, its founders and 12 staff have re-established themselves as Burnt Oak Partners and continue to deliver innovation, mentoring, training and support to “market-sourced services” throughout the UK and Europe. Head Quartered in the City of London Burnt Oak Partnerscontinues as the Sourcing industries major innovator. The Swedish office was relaunched in August 2014 and the Benelux Office opens up in mid January 2015.
Morgan Chambers plc was the founding Outsourcing/Sourcing advisory company in Europe, being formed in November 1994. Totally independent, it set out to offer strategic as well as practical advice for end-clients to exploit what was then a very new range of technology and business services. Rapidly growing it acquired within its first trading period many global players including Sandoz Pharmaceuticals (now Novartis), Hoffman F la Roche (now Roche); Morgan Grenfell, South African Breweries (now SABMiller), JP Morgan, British Airways, and British Gas.
Over the following decade Morgan Chambers counted 78 of the FTSE100 as its clients and was involved with 30% of the European head quartered mega or global deals undertaken. Head quartered in the City of London, it had offices Stockholm and Amsterdam and representative offices in New York, Frankfurt and Brussels. It boasted 67 full-time consultants at its peak.
It will be remembered for its vision and foresight in designing and signing contracts that delivered sustainable demand / supply relationships that were flexible enough to withstand huge change whilst delivering the bulk of the original envisaged business and technological benefits and synergies. Morgan Chambers was always ready to put real “skin in the game”.