IDEAS home Printed from
   My bibliography  Save this paper

Does post merger financial performance improve after agrifood mergers of cooperatives? An empirican analysis


  • Melia-Marti, Elena
  • Martinez-Garcia, Ana
  • Julia-Igual, Juan F.


This study was carried out to characterize the mergers and acquisitions undertaken in the Spanish agrifood sector during the period 1995-2005 and has two objectives. Firstly, it aims to determine the manner in which economic-financial factors influence the type of merger carried out (merger by formation of a new legal person and merger by acquisition), and the role played by cooperatives (acquirer, acquired or cooperative involved in a merger by formation). Secondly, it aims to determine whether these mergers have contributed to reaching any of the objectives they were set out to achieve: improving the economic-financial situation of the companies involved, increasing income and reducing relative costs. The results obtained show that on average, following a merger, there were no statistically significant improvements in the economic-financial indicators studied.

Suggested Citation

  • Melia-Marti, Elena & Martinez-Garcia, Ana & Julia-Igual, Juan F., 2011. "Does post merger financial performance improve after agrifood mergers of cooperatives? An empirican analysis," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114652, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae11:114652

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Agribusiness; Agricultural Finance;

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eaae11:114652. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.