Mergers and Acquisitions (M&A) are common in the business world, some successful in terms of revenue, and some notable failures. An acquisition is a corporate action in which a company purchases most or all of the stakes of the target company owner to control it. There are many famous deals and acquisitions, resulting in increased revenue for some of the largest companies in the world.
- Disney / Pixar 2006 – This partnership has proven to be very successful for both parties involved. The acquisition and integration means that the Disney tradition can be continued and the transformation of Pixar animations can be further developed and explored. The success of all of Pixar’s first six films like Toy Story and Finding Nemo has confirmed Pixar’s new style of animation as a box office hit, and Disney’s legacy and tradition speak for its himself. This partnership is still strong today.
- Exxon / Mobil 1999 – This $ 81 billion deal is in the history of the business world. Exxon, the most powerful and famous American oil company has bought Mobil, the second largest oil company in America. To make sure ExxonMobil’s new landmark doesn’t create a monopoly in certain areas of America, they have to sell thousands of gas stations. Today they are still the largest oil company in the world, demonstrating this acquisition and merger with great success.
- Premier Lodge / Travel Inn 2004 – The Whitbread Company, the owner of the Travel Inn chain of companies, decided to expand their hotel budget business by acquiring Premier Lodge in 2004. Once the two were merged company, they created the largest budget hotel chain in the UK to know before. as the Premier Travel Inn, which has since rebranded the Premier Inn and boasts more than 600 hotels including some in Dubai and India.
Fog and extraction have always taken over the hotel business; this is how the hotel chain has improved over time. Most hotel owners no longer specialize in one-of-a-kind hotels, e.g. budget or luxury hotels, but they have a similar feel. Take for example the hotel group Accor that owns the Ibis budget chain as well as the luxury hotel brand MGallery. Having a diverse portfolio of hotels allows the company to target a variety of markets, with the ultimate focus on making a success of them all. However, some hotel companies still promote luxury hotels, such as Sandals resorts in the Caribbean.