Rapid Expansion through Acquisition: The Success Story of Hendrick Bhd

How did Hendrick Bhd's acquisition of Kendall Bhd on 1 January 2018 impact its growth?

a. Expanded access to new markets
b. Lower cost of acquiring raw materials

Answer:

The acquisition of Kendall Bhd by Hendrick Bhd on 1 January 2018 had a significant impact on its growth. By acquiring 80% of the equity share capital of Kendall Bhd, Hendrick Bhd gained access to new markets and the ability to acquire raw materials at a lower cost.

Hendrick Bhd's strategic move to acquire Kendall Bhd on 1 January 2018 marked a pivotal moment in its growth trajectory. This acquisition not only expanded the company's reach into new markets but also provided cost-saving opportunities in acquiring raw materials.

With the successful integration of Kendall Bhd into its operations, Hendrick Bhd was able to leverage synergies and economies of scale, ultimately driving its growth and success in the manufacturing sector. The acquisition enabled the company to strengthen its competitive position and achieve greater efficiency in its supply chain.

Overall, the acquisition of Kendall Bhd by Hendrick Bhd was a strategic decision that propelled the company towards rapid expansion and success in the market. This story serves as an inspiration for businesses looking to grow through strategic acquisitions and synergistic partnerships.