Empirical Studies: Alliances in Fast Complete Adapting Countries

Abstract

In this chapter, six cases are presented, four from Poland and two from Hungary. The Polish cases are Partec Rockwool, PLM, Bulten Tools, and Vattenfall, while Svedala and Getinge belong to Hungary.

The cases have been described in different phases following the conceptual framework, developed in chapter six. All cases we present in three phases except Svedala where there are two phases. In the later case, neither the alliance nor the partners could be traced. Among the cases, level of performance varied. Getinge is the only case where the partners continued with the same alliance and the ownership structure remained unchanged. In Partec, the foreign partner acquired the local shares to establish a wholly owned subsidiary, and in Bulten Tool, the foreign partner became the major owner to have control over the company. Partec Rockwool and Vattenfall had been sold to other companies after amicable settlement between the partners.

Citation

Abraha, D. and Hyder, A.S. (2021), "Empirical Studies: Alliances in Fast Complete Adapting Countries", Transformation of Strategic Alliances in Emerging Markets, Volume II, Emerald Publishing Limited, Leeds, pp. 3-58. https://doi.org/10.1108/978-1-80043-748-720210003