ABSTRACT
Some companies will choose to establish direct operations abroad through the acquisition of an existing local company. This is often accomplished through the acquisition of an existing distributor, licensee, or joint venture partner. In other cases, a company will try to acquire a totally unrelated party. In either case, acquiring a local operation is normally undertaken to capture or establish market share, to create a local presence and acquire local facilities, to acquire products and services that are unavailable to the foreign investor in order to complement existing product lines, and/or to enter into new or related markets.
