The challenge of merging new acquisitions with company culture

There are two different kinds of acquisitions: ‘scale acquisitions’ and ‘bolt-on acquisitions’, and we tend to focus on the latter. We like to buy a technology and ‘plug it in’, because our sales force and distribution channel are second to none. The last six deals we’ve done were all about technologies or products that we wanted to own. In these cases, some of the management team stays with us, but we’re really taking on a new product and adding it to our existing culture.

...Kevin Lobo is CEO and president of Stryker Corporation. He holds a BComm from McGill University and earned his MBA at the Rotman School of Management in 1995.

Read full article: The Globe and Mail, 10 February, 2016