Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help in rewriting this in my own words please In this analysis, we will be discussing the merger and acquisition between two automobile companies.

Need help in rewriting this in my own words please

In this analysis, we will be discussing the merger and acquisition between two automobile companies. First is American Automotive, Inc. (Smiths), and secondly is Barcelona Brand Auto, Inc. (BBA). This case takes place in the automotive industry. This case involves an American company that acquired a Spaniard company. It created issues due to not understanding the national and company cultures.

Although both companies are in the automobile industry, they both do different things. Smiths was a larger company that was selling standard automotive components. BBA sold customized automotive components for the luxury side of the automobile industry. BBA was owned by Luis Barros; he is an engineer and designer who enjoyed inventing and creating items. He was able to patent the world's first integrated cup holder for automobiles. In doing this, he acquired Mercedes and Jaguar as his first two customers. Smiths was founded in Michigan in 1955.

This company was in the NY Stock Exchange since 1960. Smiths specialized in standardized interiors. They were number four in this industry. They produced big basics in the automobile industry.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these Law questions