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]
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 |
Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position.
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BAE Systems plc is a British multinational defence, security, and aerospace company. Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide. The company is the largest defence contractor in Europe and among the world's largest defence companies; it was ranked as the third-largest based on applicable 2017 revenues. Its largest operations are in the United Kingdom and United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Other major markets include Australia, India, and Saudi Arabia, which account for about 20% of BAE's overall sales. It is the biggest manufacturer in Britain. The company was formed on 30 November 1999 by the £7.7 billion purchase and merger of Marconi Electronic Systems (MES)—the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC)—by British Aerospace, an aircraft, munitions and naval systems manufacturer.
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