Analysis-Companies buy into suppliers to secure deliveries, hit green targets
Major brands, including the investment arm of the IKEA group, are following automakers' lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their production to meet emissions targets and limit disruptions. After global supply chains buckled under pressure from the coronavirus pandemic and the war in Ukraine, a wider array of companies are embracing vertical integration and investing in suppliers of renewable energy, metals, agricultural products and many more. In the past six months, more than $4 billion was spent by firms investing in their...
Source: yahoo.com
