Fundamental to MIDAQ's acquisition model is to build a long-term company group based on our vision and governance model. Growth takes place partly organically, partly through acquisitions. This means that potential acquisitions must fit into our business areas and have the potential to fit into our governance model. MIDAQ acquires at least a majority of the company's shares and looks favorably on when the seller wants to reinvest in the company. To achieve our goals, we have developed a structured acquisition process.
MIDAQ evaluates more than a hundred potential acquisition candidates in one year, most of whom do not proceed in our process. Only a few get through, and they are then subject to a deeper analysis.
Acquisitions of companies take place at what we consider to be reasonable valuations. In cases where acquisitions become relevant, we have broad expertise in both the investment council and the board to make the right decision.