Amalgamation is the process where two or more companies combine to form a single entity. This process helps streamline operations, reduce costs, and improve market presence.

The primary motive behind amalgamation is business expansion and access to better resources. It allows for better diversification, access to larger customer bases, and enhanced financial strength in the market.

Amalgamation can be a complex process, involving legal and financial requirements. It requires approval from regulatory bodies and a well-thought-out plan to ensure seamless integration of both companies.