The internationalization of Akij group: shining the spotlight on the first-ever cross-border merger and acquisition (m&a) from bangladesh

Abstract

This case study examines Akij Group’s landmark cross-border acquisition of Robin Resources Malaysia SDN BHD and Robina Flooring SDN BHD in 2018, marking the first international M&A by a Bangladeshi conglomerate. The study analyzes the motivations, regulatory environment, acquisition process, financing structure, and post-acquisition challenges using efficiency, synergy, and diversification theories. It highlights how Akij leveraged strategic fit, industry familiarity, and export expansion opportunities to justify the $77 million deal. Despite operational risks such as integration complexity and currency exposure, the acquisition offers significant benefits in economies of scale, global market access, and enhanced competitiveness for long-term internationalization.