The Murugappa group and RPG group have benefited of merger and acquisitions by becoming conglomerates of diverse businesses into one group.
Mergers and Acquisitions in
Mergers and acquisitions in India
are as given below.
Murugappa group and RPG group have benefited of merger and acquisitions by
becoming conglomerates of diverse businesses into one group. There are several examples
of mergers in the Indian corporate world, such as, Polyolefin Industries with
NOCIL, TVS Whirlpool Ltd with Whirlphool of India ltd., Sandoz (India) Ltd with
Hindustan Ciba Geigy Ltd., and Shiva Soaps and Detergents Ltd with Nirma Ltd.
Other examples are:
1. Spartek acquired Neycer India a sick company under
BIFR in 1985. It acquired Styles India in 1998.
2. Godrej soaps acquired Transelektra Domestic
Products Ltd (TDPL) and formed Godrej Hicone. TDPL has good brand equity and
wide distribution network. It wanted a partner with strong finance, managment
and systems competencies
3. Tata Telecom merged with Tata Keltron in 1995. Tata
Keltron was named Tatafone and made it profitable which was earlier with BIFR
4. Sterlite communications & Sterlite industries merged
to cross Rs, 1,000 crore turnover mark in June 1996.
Murugappa group: Growth of
RPG has grown from Rs 80 crore in 1979-80 to Rs 5,600 crore in 1996. RPG
Groups acquisitions include cables, tyres, transmission and electronics. The
Electric Supply Corporation Ltd
& Chemicals industries
UB group acquired
channel GEC (Vijay TV)
Berger Jenson & Nicholson UK with manufacturing
base in 21 countries
petrochemicals to SPIC Acquired
Best & Cromption The other
groups include Shaw Wallace, Rajarathinam group, Manu Chabbria group, JVG, etc
MA Chidambaram group, BPL, Sri ram group, Videocan, Maxworth Orchards, HLL growth map is as given below 1992—Acquires Kothari foods 1993—Dollops from Cadburys Kissan from UB groups & Brooke Bond & Lipton (BBLIL) 1993—Merges with TOMCO 1994—Alliance with Quality ice cream 1995—Acquired Milk food 1995—Alliance
with Lakme to form Lakme lever Ltd - Ponds
Tags : Strategic Management - Strategy Formulation
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