diff --git a/ir_config_parameter_multi_company/__init__.py b/ir_config_parameter_multi_company/__init__.py
index 0650744f6bc..6d58305f5dd 100644
--- a/ir_config_parameter_multi_company/__init__.py
+++ b/ir_config_parameter_multi_company/__init__.py
@@ -1 +1,2 @@
 from . import models
+from .hooks import pre_init_hook
diff --git a/ir_config_parameter_multi_company/__manifest__.py b/ir_config_parameter_multi_company/__manifest__.py
index 1cacb90498e..2e759a50351 100644
--- a/ir_config_parameter_multi_company/__manifest__.py
+++ b/ir_config_parameter_multi_company/__manifest__.py
@@ -11,4 +11,5 @@
     "data": ["views/ir_config_parameter_view.xml", "security/parameter_security.xml"],
     "images": [],
     "installable": True,
+    "pre_init_hook": "pre_init_hook",
 }
diff --git a/ir_config_parameter_multi_company/hooks.py b/ir_config_parameter_multi_company/hooks.py
new file mode 100644
index 00000000000..fd8128c2ba5
--- /dev/null
+++ b/ir_config_parameter_multi_company/hooks.py
@@ -0,0 +1,15 @@
+# # Copyright 2019 ACSONE SA/NV
+# # License AGPL-3.0 or later (http://www.gnu.org/licenses/agpl).
+import logging
+
+_logger = logging.getLogger(__name__)
+
+
+def pre_init_hook(cr):
+    _logger.info("Pre-creating column company_id for table ir_config_parameter")
+    cr.execute(
+        """
+        ALTER TABLE ir_config_parameter
+        ADD COLUMN IF NOT EXISTS company_id INTEGER;
+        """
+    )