Amann Group

Hawksford provides tailored accounting solutions for Amann Group in Asia

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Founded in Germany in 1854, Amann Group is leading international manufacturer of high-quality sewing and embroidery threads and smart yarns. A technological leader, Amann is known for its intelligent products, individual solutions and innovative concepts that combine tradition and innovation into functional threads for a wide range of different applications.


Their objective

Amann was incorporated in Hong Kong and was operating an in-house finance and accounting department. It found, however, that this wasn’t necessarily the most efficient way of working. As a result, Amann looked to outsource some of its finance functions.

When the Group became a client of Hawksford, we initially helped the business with its financial management reporting. However, after undergoing a restructure, Amann felt that outsourcing its entire accounting department would be an effective option and looked for a business to partner with. 

 

Our solution

Having worked with Hawksford already, Amann decided to outsource its accounting department to us entirely. Building on our existing relationship, we took over daily bookkeeping and ongoing accounting, payroll, company secretarial services and tax representation. We also assisted with day-to-day operations and advised on accounting and operational matters.

These are services we provide Amann with to this day, ensuring continuity and ongoing professional support.

 

Services provided

Amann-Group

“Hawksford’s Hong Kong team were true professionals and great people, supporting our operation here in Hong Kong, and providing us with tailored services for finance and administration which perfectly met our requirements. They handled our enquiries promptly and were always focused on delivering excellent solutions.”

Summy Lee, Head of Business Development, North/East Asia and Pacific, Amann Group

Location: Hong Kong

Service: Corporate

Industry: Textiles

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