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HSE_CASE_NR: 197-020 | status: active
Authors: Raitanen, Markku
Seward, James K. (supervisor)
Material: 9 pages + 7 exhibits
Publication year: 2001  Language: eng
Keywords: HEPAC industry; Mergers & Acquisitions; wholesale
Abstract: In the summer of 1993, the Finnish HEPAC wholesale industry was divided between four national competitors: Onninen Oy (39%), Oy Huber Ab (29%), Suomen LVI-tukku (21%), and Kesko (11%). In addition, there were some local HEPAC wholesalers throughout Finland, but practically speaking the market was controlled by these four. The Finnish economic recession had continued for almost three years. It was obvious that the market was too small for all four of the major HEPAC wholesale competitors to survive and the companies knew that something had to be done in order to reduce this over-capacity.

Related teaching note:
Notes: 5 pages. Teaching note for ONNINEN'S ACQUISITION OF HUBER (A)+(B)
Publication year: 2001  Language: eng

Case is available from ecch case collection:
» ecch case info (21933)
[reference nr 301-105-1]