How are company acquisitions initiated

Internal company mergers - The carve-out as the basis of organizational integration using the example of an internal service company

The M&A Process pp 413-441 | Cite as

Summary

In the course of advancing globalization, the trend towards company mergers and takeovers has increased in recent years. Corporate mergers and acquisitions in particular have displaced organic growth as the primary vehicle for improving competitive positions in the world market. As a result of many mergers, relatively complex corporate structures have emerged, which can have redundancies, especially in the management and administration area. The phenomenon of increased complexity is not limited to large companies, but also affects medium-sized companies, which initiate merger activities almost as often. This merger-driven increase in corporate complexity is reinforced by internal growth, opening up new markets, increased product diversity and so on.

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© Business publishing house Dr. Th. Gabler | GWV Fachverlage GmbH, Wiesbaden 2006

Authors and Affiliations

  1. 1.EADS Deutschland GmbHGermany