Mergers and Acquisitions (M&As) do not always succeed. The transition is often painful. But there have been some notable cases where this has been seamless, and turnarounds successful. These are worth looking up as business lessons. One such successful M&A was between automotive companies Opel and PSA. Another was in the bio pharmaceuticals between Genzyme and Sanofi. Yet another case abounds from the media line between the trip of Charter Communications, Bright House Networks and Time Warner Cable. The industrial equipment industry saw something similar during the coming together of MHPS and Konecranes. Coop Norge and ICA Norway had a likewise impact in the groceries, while Turku Shipyard did well to combine with Meyer Werft. Office Max and Office Depot too came together, as did Dynegy and Vistra, within the energy space. In all of these, the buyers leverage the entire potential of the sale, and not just the seemingly synergetic parts. Successful buyers already have the corporate strategy and its blueprint in mind when going for the acquisition. This blueprint is then executed with speed and rigor. Once the acquisition or merger is done, the new team proactively handles the new entity’s culture. The talent management systems are put in place to build accountability and a sense of collaboration.

Source:https://www.bcg.com/publications/2018/lessons-from-eight-successful-mergers-acquisitions-turnarounds.aspx

Uploaded Date:27 February 2019