The challenge of merging new acquisitions with company culture
There are two different kinds of acquisitions: 鈥榮cale acquisitions鈥� and 鈥榖olt-on acquisitions鈥�, and we tend to focus on the latter. We like to buy a technology and 鈥榩lug it in鈥�, because our sales force and distribution channel are second to none. The last six deals we鈥檝e 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鈥檙e 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 平特五不中 and earned his MBA at the Rotman School of Management in 1995.
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