Vertical merger
Vertical merger
Glossary of business
Definition of vertical merger
A vertical merger (integration) is where firms at different stages of the production chain merge together. It may be either vertical forward integration where a firm merges with another further up the chain (e.g. a brewery taking over a chain of pubs) or vertical backward integration where a firm merges with one further down the production chain (e.g. a brewery taking over a hop farm).
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Terminology about business
Job world
Definition and meaning of vertical merger
Meaning of vertical merger
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