Supporting New Market Entry and Entity Set-up For SNC-Lavalin

Client Background

SNC-Lavalin – Saudi, a renowned engineering and construction firm, aimed to establish a subsidiary in the UK to expand its international operations and capitalise on the European market’s potential.

The Challenge

Navigating the nuances of UK business registration is vastly different from the requirements in Saudi. SNC-Lanvin needed to ensure that their understood the requirements to give themselves a strong position within a new European market including company registration, tax laws, labour laws, and data protection standards. Navigating these regulatory differences can be intricate.

Our Engagement

Centuro Global closely collaborated with SNC-Lavalin’s executive team to understand their expansion objectives thoroughly. We conducted extensive market research, identifying key sectors and potential clients in the UK construction industry.

The Outcome

Thanks to our comprehensive support and strategic insights, SNC-Lavalin successfully set up its UK subsidiary and secured significant contracts for major infrastructure projects. The subsidiary’s growth in the UK market further solidified SNC-Lavalin’s position as a global player in the engineering and construction domain.

Achievements

1. Time Saved: Our efficient market research and strategic support enabled SNC-Lavalin to expedite their UK subsidiary setup process, saving approximately 3 months in the overall timeline.

2. Exceeding Timelines: Thanks to our expert guidance, SNC-Lavalin secured significant infrastructure projects ahead of schedule, surpassing their initial targets by 20% within the first year of establishment

3. Money Saved: By providing targeted insights on potential risks and opportunities in the UK market, SNC-Lavalin optimised their investments and saved 15% on their initial projected expenses.