
Integrating legal teams post-merger
So, your business has acquired another business. What now? Peter Wexler is senior vice president and general counsel for the highly acquisitive global energy management company Schneider Electric. In 2013 it bought Invensys for £3.4bn. He talks GC through integrating legal departments, pre-merger strategy and what needs to be actioned post-merger.
GC: Schneider has been acquisitive over the last few years. In terms of the core legal team, what challenges does that represent?
Peter Wexler (PW): There are a couple of things you need to look at when you’re doing an acquisition of a company. Does it have a legal team? Some of the acquisitions we did came with small teams, some with none, and some with large legal teams.