Thu, 25 Nov 2010 | MERGER
A business integration expert has highlighted the importance of speed when companies are being merged.
Paul J Siegenthaler, founding partner at Focus On Change, said that the reason 50 per cent of mergers were successful was due to the companies moving 'very fast' on the day the merger was announced.
By moving quickly, companies can reassure staff as well as keeping competitors at bay, he added.
Companies were advised to 'gain good traction from day one,' by sharing information with staff members, organising an integration project team and defining the joint vision of the company post-integration.
This well-established business in Suffolk is renowned for providing bespoke hydraulic, electric, and mechanical systems across various industries, with end-to-end solutions and a strong reputation for quality and reliability.
This well-established Buckinghamshire-based wholesale catering supplier offers a diverse range of fresh produce, dairy, and catering essentials to sectors such as hospitality and healthcare.
This well-established Essex-based business offers a comprehensive suite of bespoke luxury furniture services, from design to installation, catering primarily to private clients and developers.
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