RESHORING CASE

Docler Holding

Company details
Code: 
Docler Holding
Company name: 
Docler Holding
Company country: 
Luxembourg
Sector: 
J - Information and communication
Sector detail: 
J63 - Information service activities
Sub-sectors: 
J63.9 - Other information service activities
Reshoring details
Reshoring announcement date: 
21/11/2017
End of Implementation : 
March, 2017
Reshored to: 
Luxembourg
Partial or Total reshoring: 
Total
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
20
Reasons for reshoring: 
Firm's global reorganization
Implementation of strategies based on product/process innovation
Case narrative: 

Docler Holding is a multinational enterprise in the fields of entertainment, technology, personal development and luxury/lifestyle, headquartered in Luxembourg, with more than 1,000 employees worldwide. The company announced that it had relocated the main engineering and commercial development activities to Luxembourg from Italy after acquiring the Italian start-up Streamago (specialised in social networks). Actually the relocation took place in early 2017, but Docler Holding did not want to communicate with Streamago before a thoroughly review of their technology support has taken place. Now that the acquisition is done, the company is proud to announce that the relocation of activities of this start-up in Luxembourg has created 20 jobs. Most of them are developers and salespeople. 'We have started to integrate our state-of-the-art streaming technology and Streamago application expertise"'said the CEO and co-founder of Docler Holding, 'This allows us to create new business models based on the technology we have been developing for over 17 years.'

Sources: 

PaperJam  21 November 2017 

Offshoring details
Offshoring location: 
Italy
Offshoring governance mode: 
In house (in own facilities)
Offshoring entry mode: 
Wholly owned
Reason for offshoring: 
Merger and Acquisition
Host country geographical area: 
Western Europe