
Many experts estimate that only 50% of mergers and acquisitions are successful. In fact, a new survey suggests that roughly 70% of companies that undertake a merger or acquisition fail to achieve their stated goals. And a survey by Watson Wyatt that covered 1000 companies found that fewer than 33% attained their profit goals and only 46% met their cost-reduction targets, and that mergers failed to produce their expected benefits 64% of the time.
There are four main reasons for failure: a clash of leadership styles, conflicting management systems, different approaches to decisionmaking or failures in communication. It is worth noting that these are not financial issues per se, but are rather more about corporate culture, work practices and communications—branding, in fact.
Our clients—recognized retailers that fall within that successful 33% group—are always looking for acquisitions in Northern and East Europe, the United States and Canada. Solid brand names are the key.
Retail
BH Finance has access to more than 10,000 stores throughout Europe. Our clients seek new contacts in food and beverages, apparel and footwear, food and drug retailing, leisure, and specialty retail items.
Please contact:
Mr. Vidir Stefansson/Vice
President of Retail - Mobile +354 824 0 998, E-mail:
Mr. Orn Helgason/Chief
Financial Officer - Mobile +354 824 0 997. E-mail:
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