- amalgamation a‧mal‧ga‧ma‧tion [əˌmælgəˈmeɪʆn] noun [countable, uncountable]when two or more organizations amalgamate, often in order to increase profits by cutting costs:
• the amalgamation of the regional sales operations into one national salesforce
• There are plans for the reorganization of the industry, including amalgamations and some closures.horiˌzontal amalgaˈmation also ˌlateral amalgaˈmation COMMERCEwhen companies from the same industry amalgamate to form a larger company; = HORIZONTAL INTEGRATIONˌvertical amalgaˈmation COMMERCEwhen companies that make different parts of a product, or make parts at different stages in the manufacturing process, amalgamate, for example a leather manufacturer and a shoe factory; = VERTICAL INTEGRATION
* * *amalgamation UK US /əˌmælgəˈmeɪʃən/ noun [C or U]► the combining of separate organizations to form a larger organization or group, or an organization or group formed in this way: amalgamation of sth »
The association was formed by the amalgamation of several regional environmental organizations.»
The company began as an amalgamation of small family firms.
Financial and business terms. 2012.