New M&A study by Deloitte in Switzerland and University of St. Gallen
Swiss companies are mature acquirers but not mature integrators
The Swiss M&A market witnessed its highest rise in activity since 20081. The transaction volume increased from 27 billion CHF in 2013 to 178 billion CHF in 2014. The new joint study by Deloitte in Switzerland and the University of St. Gallen investigates the challenges and opportunities of serial acquisitions in Switzerland. A key finding: Mergers often fail to meet expectations.
In the joint study by Deloitte in Switzerland and University of St. Gallen, 25 Swiss ‘serial acquirers’ – corporations having conducted more than eight acquisitions in the last twelve years and with revenues ranging from CHF 1 bn to CHF 60 bn – were interviewed. The study finds that high acquisition volumes strain managerial capacity, increase coordination demands and can require fundamental organizational restructuring.
1Information based on Mergermarke