In early December, several of my Roche Enterprises China businesses, along with the China operations of affiliated companies, are co-locating in a new, centrally-located Shanghai office. I’m excited about the opportunities this will present to further consolidate the company’s global footprint and tighten the connectivity of our affiliated businesses.
The move will allow the collocated businesses to further capitalize on synergies resulting from the recently announced creation of the Roche Enterprises Shared Services Center, which is enhancing operational efficiency and lowering costs for individual businesses while improving service quality and delivery. The consolidated work space will create new synergies between our businesses and enhance the productivity of the RE Shared Services Center, which provides for superior back office support for all businesses at a lower cost.
The new office is located in Yueshang Plaza in Shanghai’s Central Business District. The newly-opened, premium space provides an impressive location to entertain clients and attract new employees in a highly competitive job market. The companies collocating in the new office include: Acorn International, Inc., a leading marketing and branding company; Cachet Hotels & Resorts, an award-winning Hong Kong-based hospitality management company; and IS Seafood, a business-to-business supplier of sustainable Icelandic seafood products to China.