White Paper:Process Safety Excellence in Mergers and Acquisitions
Mergers and acquisitions have been on the rise for decades, promising–and delivering–fast penetration into new business sectors and geographical regions. At the same time, this type of inorganic growth can result in a potential rise in process safety incidents, as experience has unfortunately shown.
Good technical due diligence is not enough. When planning a merger or acquisition, a thorough assessment of the process safety practices, and culture of theorganization or site being acquired and a customized plan to bring them into alignment with the parent company are indispensable.
A seamless, safety-centered integration is achievable when the process safety procedures and practices of both organizations are properly assessed, and an effective integration plan is implemented and monitored.
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