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 ?
Wolseley, the plumbing and heating products distributor whose UK headquarters is in Warwick, has said it is on target to spend pounds 200 million on bolt-on acquisitions in the current financial year.
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.
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.
While a sizable debt-financed acquisition could have an impact on ratings, bolt-on acquisitions are anticipated, those that would be funded with internally generated funds.
Alternatively, cash may be used for bolt-on acquisitions to improve Lubrizol's business portfolio, particularly in the Specialty Chemicals segment.
Vulcan's extensive geographic footprint across higher growth regions of the United States provides continuing opportunities for bolt-on acquisitions that extend our markets.
These bolt-on acquisitions are an excellent fit with Tate & Lyle's stated growth strategy" said Iain Ferguson, Tate & Lyle's Chief Executive.
With this goal expected to be achieved by year end, GR has indicated that its focus will now be on shareholders and bolt-on acquisitions.
The elements of this strategy include a focus on generating total and recurring revenue growth by developing customer-pleasing innovations, services and solutions; implementing bolt-on acquisitions of businesses that extend our geographic footprint, product technologies and manufacturing capability; and enhancing our operational efficiency and effectiveness through lean manufacturing, six sigma processes and continuous improvement efforts.
Instead, we anticipate making small, bolt-on acquisitions," Bunch said.
In addition, WMI plans to reinvest in growth by making improvements to facilities and services and making bolt-on acquisitions.
Purchasers of these properties include both strategic and financial buyers who seek product expansions, bolt-on acquisitions, and business or portfolio diversification.