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Informationen zum Autor Since 1985, the Center for Chemical Process Safety (CCPS) has been the world leader in developing and disseminating information on process safety management and technology. CCPS, an industry technology alliance of the American Institute of Chemical Engineers (AIChE), has published over 80 books in its process safety guidelines and process safety concepts series, and over 100 training modules through its Safety in Chemical Engineering Education (SACHE) series. Klappentext It is crucial for process safety professionals to be aware of best practices for post merger integration at any level. A compilation of industry best practices from both technical and financial perspectives, this book provides a single reference that addresses acquisitions and merger integration issues related to process safety. Presently, there are limited references on how to handle acquisitions in several different CCPS publications and almost no coverage of the post-merger integration issue, so this reference fills a notable gap in the coverage. Zusammenfassung It is crucial for process safety professionals to be aware of best practices for post merger integration at any level. A compilation of industry best practices from both technical and financial perspectives, this book provides a single reference that addresses acquisitions and merger integration issues related to process safety. Inhaltsverzeichnis Executive Summary 1 Why this Guideline? 1 Chapter 1 An Overview of Process Safety 3 Chapter 2 The Merger and Acquisition Process 5 Chapter 3 Screening Potential Candidates 7 Chapter 4 The Due Diligence Phase 9 Chapter 5 Developing the Integration Plan 13 Chapter 6 Implementing the Integration Plan 18 Chapter 7 M&A In The Future 22 The Appendices 24 1 An Overview of Process Safety 27 1.0 Courtney's story - continued 27 1.1 Why this Guideline? 28 1.2 Understanding the basics 31 1.3 Hazard versus Risk - Is there a Difference? 32 1.4 Good Injury Rate Does Not Equal Good Process Safety Performance 34 1.5 Understand the Hazards of Chemicals Handled on Site 36 1.6 Don't forget about the Dust Explosion Hazard 40 1.7 Unique Considerations at Facilities that Handle HHCS 41 1.8 Resources for Process Safety 43 2 The Merger and Acquisition Process 47 2.0 Courtney's story - continued 47 2.1 Changing World of Corporate Profiles 48 2.2 Overview of the M&A Process 49 2.3 Scalability (big/small; single site verse multiple site deals) 52 2.4 Key Terms and Concepts 53 2.5 Process Safety in the M&A process 57 2.6 Financial Strategists can have high impact on process safety systems 60 3 Screening Potential Candidates 63 3.0 Courtney's story - continued 63 3.1 Using Public Domain Information for Screening 64 3.2 Using a Checklist to Identify Potential Process Safety Issues 74 4 The Due Diligence Phase 77 4.0 Courtney's story - continued 77 4.1 Introduction 78 4.2 The Divestment Due Diligence 81 4.2.1 The Checklist 82 4.2.2 The Internet and Intranet Searches 82 4.2.3 Pre-site Visit Review 83 4.2.4 The Due Diligence Site Visit and Document Review 84 4.2.5 Vendor Due Diligence Report 87 4.2.6 Valuation 89 4.2.7 Data Room 91 4.2.8 Question and Answer Management 94 4.2.9 Reverse Due Diligence 96 4.2.10 Did the Deal Close? 114 4.3 The Acquisition 4.3.1 The Internet Search and Initial Data Gathering 99 4.3.2 Vendor Due Diligence Report 100 4.3.3 Data Room 100 4.3.4 Due Diligence Valuation for Bid 103 4.3.5 Pre-site Review 104 4.3.6 The Site Visit and Document Review 107 4.3.7 Due Diligence Report and Valuati...
List of contents
Executive Summary.
Why this Guideline?
Chapter 1 An Overview of Process Safety.
Chapter 2 The Merger and Acquisition Process.
Chapter 3 Screening Potential Candidates.
Chapter 4 The Due Diligence Phase.
Chapter 5 Developing the Integration Plan.
Chapter 6 Implementing the Integration Plan.
Chapter 7 M&A In The Future.
The Appendices.
1 An Overview of Process Safety.
1.0 Courtney's story - continued.
1.1 Why this Guideline?
1.2 Understanding the basics.
1.3 Hazard versus Risk - Is there a Difference?
1.4 Good Injury Rate Does Not Equal Good Process Safety Performance.
1.5 Understand the Hazards of Chemicals Handled on Site.
1.6 Don't forget about the Dust Explosion Hazard.
1.7 Unique Considerations at Facilities that Handle HHCS.
1.8 Resources for Process Safety.
2 The Merger and Acquisition Process.
2.0 Courtney's story - continued.
2.1 Changing World of Corporate Profiles.
2.2 Overview of the M&A Process.
2.3 Scalability (big/small; single site verse multiple site deals).
2.4 Key Terms and Concepts.
2.5 Process Safety in the M&A process.
2.6 Financial Strategists can have high impact on process safety systems.
3 Screening Potential Candidates.
3.0 Courtney's story - continued.
3.1 Using Public Domain Information for Screening.
3.2 Using a Checklist to Identify Potential Process Safety Issues.
4 The Due Diligence Phase.
4.0 Courtney's story - continued.
4.1 Introduction.
4.2 The Divestment Due Diligence.
4.3 The Acquisition.
4.4 Did the Deal Close?
5 Developing The Integration Plan.
5.0 Courtney's story - continued.
5.1 Developing the Integration Plan and Process.
6 Implementing the Integration Plan.
6.0 Courtney's story - continued.
6.1 A Generic Change Model.
6.2 The Integration Path Forward.
6.3 An Alternate Bottom-Up Approach to Integration.
6.4 Differences Between Facilities, Business Units.
6.5 Step 3 - Working Through the Implementation Itself.
7 M&A in the Future.
7.0 Courtney's story - continued.
The Appendices.
