noun
consolidation-type merger; consolidation
A merger where a new company is established and the existing companies are dissolved. Contrasts with 吸収合併 (absorption-type merger).
両社は新設合併により新会社を設立した。
The two companies established a new company through a consolidation-type merger.
吸収合併 is an absorption-type merger where one company survives and the other is dissolved, while 新設合併 creates an entirely new entity.
Compound of 新設 (new establishment) and 合併 (merger).