Introduction
Organizations in different sectors have realized the advantages of company acquisition. Companies are appreciative of the benefits of acquisition such as product diversification, location diversification, growth in market share and business survival in light of the recent adverse tends in global financial markets.
Energizer Acquisition of Schick-Wilkinson Sword
Energizer holdings acquired Schick-Wilkinson Sword (SWS) in March 2003 from the Pfizer Company. Energy holdings specialize in battery manufacture while SWS is a safety razor manufacturer. The company aimed to diversify its product line. The factors that influenced the company’s decision on the acquisition were several as explained by Pat Mulcahy, the CEO of energizer. He ...