Mergers & acquisitions
In the current global
challenging environment, it is often advocated that sometimes the only way to
achieve swift growth is to acquire or merge with an existing business.
Acquisition strategies are undertaken for a variety of reasons, some which may
be as follows:
- Bargaining power for bigger projects;
- Increase buying power with suppliers, contractor,
dealer or merchant;
- Achieve consolidation of supply or certain
markets;
- Acquire a distribution or similar network for an
existing product line; and/or
- Reduce risk through product diversification of
some kinds.
Whatever the underlying reasons, the one thing that all acquisition
strategies have in common is an aspiration to reinforce and strengthen the
existing business. Mergers and acquisitions necessitate cautious
planning if a successful outcome is to be achieved.
At McMillan
Woods, our advisory team works closely together with our clients with the
view to assist from start to finish at every stage of the process, namely:
- Develop and implement acquisition strategies;
- Identify suitable targets - either in the home
country or overseas;
- Research and initiate discussion with potential
targets; and
- To put together a structure, negotiate and close
the deal expeditiously.
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