Transformational acquisition is an acquisition of a company or a division of it with the aim to jointly establish a new business model or to enrich the offer for its customers by different expertise and new solutions. This may be different production technologies or new capacity. [1]
This definition is used in recent years only, but a significant number of mergers & acquisitions allocate their transaction to this type. [2] [3] [4] [5]
List of examples for Transformational Acquisitions
| Year | Purchaser | Purchased | Transaction value |
|---|---|---|---|
| 1999 | Vodafone Airtouch PLC [6] | Mannesmann | 220 bill. US$ |
| 1996 | Novartis | Ciba-Geigy and Sandoz | 30 bill. US$ |
| 2014 | MMG [7] | Las Bambas | 5.85 bill. US$ |
| 2015 | Clinigen Group [8] | IDIS Pharma | 225 mill. £ |
| 2015 | Electrovaya | Evonik Litarion | not published |
See also
References
- ^ McKinsey & Company, Insights & Publications, 2010: The five types of successful acquisitions
- ^ Globalnewswire, April 2015: Electrovaya Completes Transformational Acquisition of Evonik-Litarion
- ^ value and opportunity, July 2012: Red flags for investments: “Transformational” acquisitions
- ^ Beyondthedeal.net, Nov. 2012: Carrying out a successful Transformational Acquisition and Integration
- ^ strategy-business.com, May 2014: Deals That Transform Companies
- ^ "Mannesmann to accept bid - February 3, 2000". CNN. February 3, 2000.
- ^ Bloomberg, July 2014: Las Bambas Transformational Acquisition
- ^ Insidermedia, April 2015: Clinigen completes "transformational" acquisition