Tuck-In Acquisition

(redirected from Bolt-On Acquisition)

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 ?
Following the two bolt-on acquisitions unveiled this morning in its Investor Day press release, Quality Trading in Thailand and Esabora in France, Rexel, a global leader in the professional distribution of products and services for the energy world, announces a third bolt-on acquisition: Lenn International.
Neither could it be viewed as a bolt-on acquisition, given that the deal would have been worth around pounds 1.
I'm looking at a bolt-on acquisition for one of our portfolio companies at the moment.
The Company continues to expand its global footprint and product portfolio in growing end markets, consistent with its bolt-on acquisition strategy.
IMT is a bolt-on acquisition aligned with our long-held acquisition strategy and allows us to expand the products and services offered to the types of markets we understand very well.
Nonetheless, GeoTrust is a solid bolt-on acquisition that strengthens VRSN's security business.
The bolt-on acquisition of Krystil Klear enhances our presence in the industrial liquid filtration markets, increases our product portfolio and expands our industrial distribution footprint," said Michael V.
This growth oriented bolt-on acquisition strengthens our ATI Metalworking Products business unit," said Pat Hassey, Chairman, President and Chief Executive Officer of Allegheny Technologies.
Robert Arzbaecher, President and Chief Executive Officer of Actuant, commented, "Kwikee is a logical bolt-on acquisition given its leading market position in step actuation for the motor home market.
I don't hear it much in general business discussion, but if you get around an 'i-banker' they all talk about bolt-on acquisitions.
So once the infusion of capital into these b2b diversified media companies is complete, the next logical move for them will be to look for strategic bolt-on acquisitions.
These have allowed the company to maintain a strong balance sheet and a solid liquidity position, despite increased share repurchases, discretionary pension contributions and small bolt-on acquisitions.