This is a profile image of Hugues Lavandier

Hugues Lavandier

Senior Partner, Paris

Advises energy, mining, and industrial-equipment companies as they set growth and portfolio strategies and evaluate corporate-finance opportunities; supports investors and private-equity firms on a broad range of transactions in the commodities and industrials sector


Since joining the firm in 2005, Hugues has helped industrial-equipment makers, commodities companies, and investors, focusing on M&A transactions, growth, portfolio rebalancing, product development, and competitive positioning.

From a home base in France, Hugues works with clients around the globe. He leads growth projects for companies in the industrial-equipment, electric-power, mining, oil and gas, and private-equity sectors, and he oversees transformational-change programs when organizations require them in order to pursue new growth priorities.

Examples of his recent work:

  • leading a large number of due diligences for private-equity firms and corporations in the water-technology, equipment, and services space
  • helping the board and the senior management of a leading oil-field services company reset its asset strategy and manage the implications for capital-market and midterm financial planning
  • helping a manufacturer of power-generation equipment redefine its services sales strategy by resegmenting its market and developing product offerings tailored to the new segments.
  • supporting the redesign of the innovation and product-launch process and organization at a leading power-electronics company; this accelerated critical product launches, enhanced capabilities for engineering and product-development teams, and reprioritized the innovation agenda
  • leading the transformation of a large engineering group for a leading supplier of oil and gas equipment
  • conducting a dozen due-diligence market scans in a variety of industrial sectors—including specialty chemicals, steel, and shipping—for a private-equity firm with more than $50 billion in assets under management

Hugues is a native French speaker, also fluent in English and conversant in German. He is on the board of the fund-raising committee for the École Centrale Paris.

Published work

Chemicals and capital markets: Growing sustainably,” McKinsey & Company, April 2022

Five digital and analytics battlegrounds for B2B aftermarket growth,” McKinsey & Company, February 2022

How to boost growth in industrial services: Better customer experience,” McKinsey & Company, July 2021

In search of a better stretch target,” McKinsey & Company, November 2017

Industrial aftermarket services: Growing the core,” McKinsey & Company, July 2017

The Ethanol Challenge for the United States,” McKinsey & Company, November 2009

Past experience

Arcelor Mittal
Flat-carbon automotive, business development, and M&A manager

Arcelor Mittal
European stainless, production manager

Daimler AG
Paint-shop engineer


Columbia University
MBA, finance

Technical University of Munich

École Centrale Paris