Acquisitions will remain an important part of NCAB’s growth, and we therefore asked a few different people at the company for their views on our acquisition activities. The following offers a snapshot of our acquisition activities – ranging from the process, our way of integrating operations and, not least, the perspective from employees at acquired companies.
What are the greatest challenges you see with the integration of employees from a completely new company into NCAB’s organisation?
“Since we acquire companies that are similar to NCAB, the employees may have previously viewed us as their main competitor that they are now to become part of, which can be a great challenge. It is therefore important that we are part of the process at an early stage. NCAB announced five corporate acquisitions in 2021. Acquisitions will remain an important part of NCAB’s growth, and we therefore asked a few different people at the company for their views on our acquisition activities. The following offers a snapshot of our acquisition activities – ranging from the process, our way of integrating operations and, not least, the perspective from employees at acquired companies.
To meet the new employees and show them that they are important to NCAB and that their expertise is needed. We need to answer their questions and understand their needs, while remaining open and transparent about who we are. It is also important to be patient as integration may take time.”
How did it feel to be acquired by another company and then be integrated into the company?
“When we heard about the acquisition we felt proud that Prevent had been chosen. It was exciting to become part of an international group. There were naturally many questions and reflections and it has been a long journey for all employees. We came from another corporate culture and have worked hard to make the integration process as seamless as possible.
One year on, and our expectations have been exceeded and
we have learnt plenty about NCAB’s structure and work approach. Being part of NCAB is a tremendous opportunity for our customers and employees.”
What is important for employees to consider when they are integrated into another company? Do you have any tips?
“Initially, our employees were concerned and worried as everything was new, but thanks to NCAB’s onboarding process things gradually became clearer. Based on our own experiences, we believe as a general rule that it is important to conduct a detailed analysis of the acquired company to understand how the organisation works. At first glance, the organisations may seem similar, but there are probably differences in terms of processes, customer management and suppliers. It is very important to learn about the acquired company’s values, organisation – and particularly to get to know new colleagues.”
Being part of NCAB – is it what you had expected?
“Yes, it is. We will definitely have much greater opportunities to develop and grow – both as a company and employee. We are constantly learning new things about NCAB and are delighted to be part of the company and to contribute to its continued development.”