A First Step

Abstract

The augmentation of cross-border acquisitions was the characteristic of the fifth wave of acquisitions in Europe. With a more globalized world many researchers claim that the crossborder acquisitions will continue to increase. Further, it may occur cultural clashes in an acquisition; nevertheless a successful integration can lead to advantages. Studies have been done in how to integrate a French company with for instance an American one, little is written about integrating a Swedish and a French company and the national cultural effects that comes with it. The purpose with the thesis is to contribute with an increased knowledge of cultural differences between Sweden and France with focus on uncertainty avoidance. It will help the examined company to increase the awareness of the possible differences that may occur. It will also be a guideline for other Swedish companies when acquiring a French one. The study has been made through a qualitative case study, where the data is collected and accomplished with interviews. The results found in the thesis indicate that in the French company there is a stronger desire of clarity and control compared to the Swedish group. The French are also perceived to wait for their manager to state his point of view and not express their opinions in the same extent as the Swedish company group. Essential for succeeding with the integration is to observe the existing cultural differences.