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An Analysis of French Mergers and Acquisitions in Different Sectors of the Czech Economy

Author

Listed:
  • Eric Thivant

    (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon)

  • Hana Machková

    (Vysoká škola ekonomická v Praze)

Abstract

Over the past two decades, French enterprises have been heavily investing in the Czech Republic. Today, France is the fifth biggest investor to the Czech Republic, and French companies are among the most important employers. The aim of this study is to analyze the presence of French firms in Czech Republic by look at the example the French-Czech mergers and acquisitions (M&A), and to explain the main motivation of the location of French firms in the country. Using a review of documents and secondary data analysis, we observe that French enterprises have invested especially in the Czech manufacturing sector, energy & power, consumer staples and financial services. In this study, we evaluate if French corporations try to optimize their production process within so-called global value chains, and if French companies have invested in their own strategic domain area or another strategic area by using the diversification growth approach. Finally, we present examples of successful mergers and acquisitions of French firms realized in the Czech Republic.

Suggested Citation

  • Eric Thivant & Hana Machková, 2017. "An Analysis of French Mergers and Acquisitions in Different Sectors of the Czech Economy," Post-Print hal-01532784, HAL.
    • Handle: RePEc:hal:journl:hal-01532784
    DOI: 10.18267/j.cebr.172
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    2. Stefano Valdemarin, 2018. "The Successful Internationalization of Intesa Sanpaolo Bank in Central and Eastern Europe: Acquisitions, Insidership and the Uppsala Model," Central European Business Review, Prague University of Economics and Business, vol. 2018(1), pages 46-57.

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    More about this item

    Keywords

    mergers; acquisitions; France; investment; Czech Republic; FDI; OLI theory;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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