Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You work for Picard Surgels, a French food company specialized in distribution of frozen products. These products are sold exclusively with the Picard brand in

You work for Picard Surgels, a French food company specialized in distribution of frozen products. These products are sold exclusively with the Picard brand in their own stores. Picard Surgels has more than 1000 stores in 6 countries and sells about 1100 different products, all developed by the company and manufactured by a network of 160 suppliers. They launch around 200 new products per year.

Your boss, the CEO of the company, is thinking about entering the US market. She thinks that starting from scratch in US could be a challenge and is considering the alternative of making an acquisition offer for Trader Joe's, a company she has admired for a long time. She wants to know many details about the company before making a commitment. She has asked you to report on whether Trader Joe's would be a good target for Picard, and even if your report recommends against the acquisition, she would like to know how to manage the post-merger integration process in case they decide to go ahead with the acquisition.

(you don't need to do research on Picard - just assume they have a focus on selling high quality frozen food, with a product profile similar to TJ's; major differences are that they develop in house all the products they sell in their stores, they don't sell fresh items and the other elements of their value chain are more similar to a traditional food retailer).

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

Tourism Concepts And Practices

Authors: John R Walker, Josielyn T Walker

1st Edition

0138142459, 9780138142452

More Books

Students also viewed these General Management questions

Question

Go, do not wait until I come

Answered: 1 week ago