Mergers and acquisitions
Shire has grown significantly through acquiring businesses that fit our overall strategy. This can present commercial, environmental or social challenges. Managing this process effectively is one of Shire’s core competences and will always be important, as we continue to expand our business through strategic alliances, acquisitions, and in-licensing. It’s all about behaving responsibly, understanding and mitigating against potential risks and protecting and building on our unique culture.
We always work hard to integrate new teams into the Shire organization in a way that makes them feel valued and ensures that they understand our way of working, our expected standards of behavior and our approach to Responsibility. We make a point of communicating with the people in the company we’re acquiring as openly as possible, so they understand their own prospects and their future career opportunities.
As part of our ongoing commitment to conducting mergers and acquisitions in a responsible manner, we will continue to ensure that our due diligence process benchmarks our most up-to-date Responsibility policies and practices, and continue to monitor and update our processes wherever appropriate, and assess the effectiveness of the way we manage mergers and acquisitions.
Reflecting on 2012
- Did not undertake acquisitions that involved integrating large numbers of employees during the year
- Continued to strengthen our due diligence approach with the creation of a new corporate due diligence role to help us ensure we proactively consider Responsibility issues as part of our approach to M&A
It is important that our responsibility activities extend to our evaluation of new business opportunities as we drive inorganic growth. I aim to ensure we do this as part of our due diligence.
Sponsor of Mergers & Acquisitions
Did you know...?
We were founded in the UK in 1986 and have built our business through a number of strategic