While I wasn’t at the company during the earlier stages of the merger, I would interpret that the situation was addressed through a combination of leadership changes and strategic re-engagement. A change in leadership at the acquiring company provided an opportunity for a fresh start, fostering hope and more engaged leadership on both sides.
The approach likely included re-analyzing synergies and focusing on quick wins to rebuild momentum. One significant quick win was establishing a competence center at the acquired company, giving them a sense of importance and ownership in the integration process.
Additionally, the workstreams were reactivated, prioritizing areas to begin integration and achieve synergy gains. This structured and inclusive approach enabled the company to overcome the rupture, build trust, and gradually progress toward successful integration.
A lot of value has been destroyed, not realized gains on time created additional integration costs, respectively.