Daro Group Acquisition Strategy
As well as pursuing a strategy of delivering strong organic growth, acquisitions are a core element of the Daro Group strategy.
To be able to identify and successfully complete acquisitions, Daro Group apply the following framework;
Daro Acquisition Criteria
Group Level
- Leverages Group core capabilities in manufacturing services
- Would benefit from the central resources and experience in business building, strategic planning, investment, IT, sales and marketing, accreditations and human resources
- Complimentary cultures between two companies
Operating Subsidiary Level
- Clear, identifiable synergies with an existing operating subsidiary
- Ability to accelerate growth of combined businesses
- Create enhanced market position and increased strategic value
Acquisition Process Principles
- Develop a relationship based on trust through due diligence and negotiation process;
- essential to success for both parties pre and post completion
- Identify common long-term goals for acquired company
- Enter process with a ‘win-win’ mindset
Typical Acquisition Characteristics
- Founder led businesses approaching retirement and / or succession planning
- Seeking a new owner to deliver next phase of companies’ development and growth
- Would benefit from broader experience, skill set and resources of a larger owner to build the business including increased investment (equipment, sales and marketing etc)
- Focus on not just preserving the legacy of a business built over many years, but enhancing it in the future to the benefit of all stakeholders, most importantly the employees
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