Thermo Electron Corp. ,the biggest maker of measurement instruments for medical laboratories,agreed to buy the radiation-monitoring-products unit of Compagnie de Saint-Gobain for $30 million to gain European customers.
-Refer to Thermo.What type of strategy did Thermo Electron engage in?

Question

Quizplus · Accepted Answer

Thermo Electron engaged in market development by acquiring the radiation-monitoring-products unit of Compagnie de Saint-Gobain to gain European customers.