My Firms Acquisition

Assignment 2: My Firms Acquisition ITB 305 Business Policy As a CEO, you are laborious to pose a impertinent firm. The size of your firm will double, and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying to acquire do? Where are the firms establish? The firm I am CEO of is ForSports. ForSports is sporting goods manufacturer and Distribution Company. Their furnish are located in Atlanta Georgia, USA. ForSports was formed in 1996 to coincide with the launch of Major League Soccer (MLS). (MLS History, 2012) With this landmark, ForSports receptive a small local manufacturing operation producing soccer jerseys, socks and shorts. ForSports has since expectant to include in its product offering other soccer items such as balls, shin guards and practice equipment. Several long time ago our gross sales skyrocketed with the addition of web based sales. With this growth, we open(a) a new manufacturing facility in Mexico. Utilizing foreign flat investment we were able to meet the initial demand of our change magnitude sales. As we expanded outside our local market, we discovered excess opportunities and with them competition.

In order to meet growth objectives set by the board of directors, which is to become the largest in our industry, we are looking to acquire a firm that enhances our own strengths and capabilities and brings its own to the merger. SportsCanada is a Toronto based company that manufactures sporting equipment. They produce a wide compartmentalisation of sporting goods with some overlap with the products ForSports currently offers. Their primary sales model is online purchasing with delivery options suited to the customer. They do not have any storefront operations, but possess some(prenominal) large Canadian manufacturing plants. Their primary customer base is sell outlets. Major sports retailers purchase in bulk and resell at their chain of retail outlets. ForSports is ranked number 4 in... If you involve to get a full essay, order it on our website: Orderessay

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