Tuck-In Acquisition

(redirected from Bolt On Acquisitions)

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.
References in periodicals archive ?
111 million pounds spent on four bolt on acquisitions taking total for bolt on acquisitions for the year so far to 160 million pounds
9 /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 four further bolt on acquisitions for an aggregate consideration of 111 million pounds Sterling.
Since the beginning of the financial year on August 1, 2006, a total of ten bolt on acquisitions in Europe and North America have been completed for an aggregate consideration of approximately 160 million pounds.
Proceeds from this all-cash transaction will allow Standex to continue to invest in strategic bolt on acquisitions.