LG Mergers and Acquisitions (Ch 14)

Here is a short list of notable LG M&A Activity:

It should be noted that LG itself was created as a result of the 1958 merger of Goldstar (electronic products) and Lucky (home products).

In February of 2013, LG announced that they would acquire from HP their web operating system for use with its TV's. The idea is to have a web platform to make the TV's internet-enabled. This is a key competitive parity strategy, most easily achieved with an acquisition.

In December, 2008, LG Chemical acquired super-absorbet ploymer operations from a company called Kolon. This allowed LG Chemical to increase production of certain chemicals significantly.