When a group has two or three companies but only need one, it is sometimes more beneficial to merge them. A merger is defined as the fusion of one or more companies to form a different company through the transfer of all assets and liabilities to the acquiring company. Mergers offer a means of reducing the number of companies without any loss of business operations.
In some cases, that might not require the merger of all business operations, other options are available. We can offer our advice on which method is best for the specific situation, and help the company through the process.