Horizontal integration

Horizontal integration is the process by which a corporation acquires unrelated businesses, creating a more financially stable conglomerate. For example, a steel mill purchasing a pharmacy is horizontal integration.

Part of the series on

Corporations

Corporate Players

Board of Directors Officers Shareholders

Business Forms

Sole Proprietorship Partnership Closely-Held Corp. Corporation

Economic Concepts

Agency Cost Mergers & Acquisitions Transaction Cost Horizontal Integration Vertical Integration