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Tuck-In Acquisition
(redirected from Bolt-On Acquisition)

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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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Swiss insurer Zurich Financial Services AG will continue to eye bolt-on acquisitions in emerging markets and sees Islamic insurance, or takaful, as key to growing its Middle Eastern business, a senior executive said.
Pearson intends to use the proceeds of the sale to accelerate the expansion of its businesses, including through bolt-on acquisitions, with a particular focus on adding complementary technology and services to its international, consumer and professional education businesses," it said.
Byline: Reuters BASEL: Joe Jimenez, the new chief executive of Swiss drugmaker Novartis, is targeting bolt-on acquisitions as the group digests the multibillion dollar acquisition of eyecare group Alcon.
 
 
 
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