We live in a period of numerous technological, economic, political and social changes which are the reason for creating new ways and frameworks of business. Acquisitions or takeovers are an increasingly common strategic option in today's business world, the main intention of which is to achieve changes in the business environment of the company in order to encourage more intensive growth and reduce the production costs. Despite good intentions and clear economic logic based on analysis and calculations, practically, there is an increasing number of unsuccessful attempts to implement this growth strategy, which can be used to define research issues, which further question the effects of takeovers on business performance. This paper’s main research goal is to determine the impact of the acquisition on business, ie further growth of the company Print Centar Krapina d.o.o. and Hitra produkcija dokumenata d.o.o., determine their competitiveness on the market, ie prove the positive impact of the acquisition on business results and company growth. In order to achieve the main goal, various strategic methods and analyzes were used such as SWOT analysis, Porter's model of five market forces, PESTEL analysis, Ansoff matrix, RECoIL analysis and analysis of primary data sources through in-depth interviews on a sample of six respondents. The results of the research point to the conclusion that, despite the unfavorable economic situation caused by the global COVID-19 pandemic and the present competition in the market, the conducted acquisition has a positive impact on the company's operations. Recommendations for further growth and research relate to the application of vertical integration strategies by which the Print Center Group could compete with foreign companies to expand their products and services in the new EU market in order to maintain and strengthen their competitive advantage.