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Tuck-In Acquisition
(redirected from Bolt On Acquisitions)

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Tuck-In Acquisition
The acquisition of a company where the acquiring company intends to merge the target company into one of its departments. For example, a broad-based financial services company may conduct a tuck-in acquisition where it buys a research company and then transfers all of its resources into its own research department. A tuck-in acquisition is also called a bolt-on acquisition.


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6 /PRNewswire-FirstCall/ -- Wolseley plc, the world's largest specialist trade distributor of plumbing and heating products to professional contractors and a leading supplier of building materials, announced today two further bolt on acquisitions for an aggregate consideration of 9 million pounds Sterling.
Peter Warry, BSS chairman, told shareholders: "The group's strategy of organic growth with bolt on acquisitions is delivering solid returns and it is encouraging that both companies acquired in the last financial year, A.
Proceeds from this all-cash transaction will allow Standex to continue to invest in strategic bolt on acquisitions.
 
 
 
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