Icelandic Acquisitions in Sweden

Abstract

The factors behind the success of three Icelandic acquisitions in Sweden were explored from cultural perspective. Two main factors were perceived as critical. The first factor is the fit between Icelandic acquirers’ M&A strategies, the structure/type of M&A and the acquirers and the acquired companies’ agreement on the mode of acculturation. The second factor is previous relationship between the acquirers and the acquired companies. Previous relationship is believed to make the integration process smoother.