It’s hard to believe we’re already half way through the year! I’ve had the opportunity to write about a variety of M&A topics from analyzing transactions and trends to developing your acquisition strategy. I’ve compiled a list of the most popular posts from the Successful Acquisitions blog in 2014. I hope you enjoy these posts …
Tag: Mergers and Acquisitions
M&A – The Route to Success?
The polyolefins industry, like so many others, is evolving significantly. Growth in emerging markets and Asia has skyrocketed while European and North American markets have matured. Last week I was invited to speak at the Future of Polyolefins Conference 2014 in Dusseldorf, Germany, where top executives from key industry players such as Borealis AG and …
Tyson Foods Wins Fight for Hillshire
Two of the largest chicken producers, Pilgrim’s Pride and Tyson Foods, have been fighting over Hillshire Farms. On Monday, Tyson Foods raised its offer to $63 a share in cash, which values Hillshire at $7.7 billion. Last week, Pilgrim’s Pride had raised its bid 22% to $55 a share; however Pilgrim’s Pride has withdrawn its …
Pharmaceuticals Refocus and Consolidate
Pharmaceutical companies are using acquisition to become “pointy,” or more focused. Two recent examples are Bayer and Merck. Bayer is focusing on over the counter medications by acquiring Merck’s consumer care business for $14.2 billion. On the other hand, Merck has become more streamlined through divestment. As I’ve mentioned before, although divestment means becoming smaller, …
Capstone Guides South Carolina Financial Solutions – Innova Acquisition
Capstone Strategic, Inc., a leading consulting firm specializing in mergers and acquisitions, announced today that South Carolina Financial Solutions (SCFS) has acquired Innova Plan Strategies (Innova). SCFS is a credit union service organization owned by South Carolina Federal Credit Union (South Carolina Federal) located in Charleston, SC. Innova offers comprehensive employee benefit solutions and was …
Discounts Don’t Drive Growth for Consumer Staples
Facing a stagnant market, retailers of consumer staples have turned to aggressive discounts to drive growth. According to the Wall Street Journal, more than 50% of consumers’ purchases include markdowns! More Discounts is NOT More Growth Businesses in non-growth or declining growth markets understandably must find new ways to capture market share. However, offering more …
Be the preferred buyer – Have your ducks in a row
Your ability and willingness to close a transaction can help position you as a preferred buyer. Just like in buying a house, sellers look favorably upon buyers for whom financing is not a contingency of closing. If you already have financing secured not only do you have the willingness to close a transaction quickly, you …
Tax Inversions: Foreign Acquisitions for a Lower Tax Rate
As tax day approaches in the U.S. I thought it’d be appropriate to discuss a business tax trend. As you may be with your own return, U.S. corporations are looking for more tax advantages. Many are seeking tax inversions, where they reincorporate in a new country with a lower tax rate as a result of …
Cost Synergies Ill-Suited for Long-Term Growth for Men’s Wearhouse
After battling for six months, Men’s Wearhouse and Jos. A. Bank finally came to an acquisition agreement on March 11 for $1.8 billion, forming the country’s fourth-largest men’s retailer. Men’s Wearhouse expects cost synergies of $100-150 million over the next three years to result from the deal, including the benefit of better purchasing power. While …
