The Motives for Mergers and Acquisitions in the Finnish Healthcare Sector

Abstract

The purpose of this study was to find out which are the main motives of healthcare companies when they are conducting mergers and acquisitions (M&A) transactions in the healthcare sector. Moreover, the aim of the study was to deepen the knowledge of the M&A motives in the Finnish healthcare sector. This study was implemented by completing interviews with four healthcare M&A professionals. The open interview question was sent to all the interviewees beforehand the interviews. Two of the interviews were implemented via telephone and two via email. Content analysis classification was used when analyzing and modeling the data. Excel was utilized when creating tables about the results of the study. The results showed that there are several motives that leads Finnish healthcare companies to conduct the M&A transactions. The most popular motive seems to be a geographical expansion into new areas, which is followed by synergy benefits, increasing company´s value as well as strengthening company´s own market share. Based on this information, it can be stated that the Finnish healthcare sector M&A motives matches with common, international motives for M&A transactions.