Major transnational companies, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy.
They are doing this in order to have greater control over their production and to meet emissions targets and limit disruptions.
Global supply chains have buckled under pressure from the coronavirus pandemic and the war in Ukraine, leaving many companies in the lurch for parts and supplies.
As a result, a wider array of companies are embracing vertical integration and investing in suppliers of renewable energy, metals and agricultural products.
