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Die Umsetzung von Wachstumsstrategien durch Akquisitionsserien

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Strategisches Management von Mergers & Acquisitions

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Die bisherige Forschung zu Fusionen und Übernahmen (Mergers & Aqcuisitions)1 wurde von großzahligen, quantitativen Studien dominiert.2 Sie messen den durchschnittlichen Akquisitionserfolg anhand einer großen Stichprobe von Einzeltransaktionen3 und kommen meist zu dem Ergebnis, dass zwischen 50% und 70% der realisierten Akquisitionen keinen Mehrwert für das Käuferunternehmen schaffen4. Im Schnitt sind Akquisitionen nicht in der Lage, das Unternehmensergebnis des Käufers nachhaltig zu verbessern.5

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Frank Borowicz Klaus Mittermair

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© 2006 Betriebswirtschaftlicher Verlag Dr. Th. Gabler | GWV Fachverlage GmbH, Wiesbaden

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Voss, I., Müller-Stewens, G. (2006). Die Umsetzung von Wachstumsstrategien durch Akquisitionsserien. In: Borowicz, F., Mittermair, K. (eds) Strategisches Management von Mergers & Acquisitions. Gabler. https://doi.org/10.1007/978-3-8349-9103-4_7

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