Acquih

Acquih is a financial restructuring term, particularly used in France, that refers to a simplified merger process between two companies. This process is designed to facilitate the rapid integration of a smaller company into a larger one, making it a means of quietly acquiring companies without the need for a more formal acquisition process.

The goal of an acquih is to preserve the financial and legal identity of the absorbing company, as well as the structure and personnel of the acquired company. Typically, the acquired company's assets, liabilities, and equity pass directly without major disruption to the absorbing company, and the acquiring company does not issue new shares.

The advantages of an acquih include increased control over the process, improved risk management, and the ability to adapt the acquired company to the absorbing company's financial and accounting systems. This process can be particularly useful in the context of regional and local businesses, where companies may be acquired and integrated relatively quickly. However, it has also been noted for its potential for management buyouts and avoid corporate tax, especially in the context of insolvency.

The acquih procedure also involves strengthening ties between the director and the invested company. In addition to France, acquih is also recognized in some European countries like Luxembourg.