Case Study
Blending Entities: Minimizing the Discomfort
When McDermott International planned to combine two of its entities, it wasn’t really an “acquisition, ” but a definite blending of two businesses and their cultures. The business need McDermott International, a global engineering and construction company, provides services to energy and power industries, including the U.S. government, through a number of separate units. The two units to be combined were Babcock & Wilcox, which primarily focu