Introduction
AccuForm is a combination of two companies. A German company, DynaCoat which supplies high-tech Coatings for garments and a Hong-Kong company CreaseFree. CreaseFree is amongst the worlds largest original equipment manufacturer of wrinkle free trousers and shirts. AccuForm is thus a Hong Kong-German joint venture which specializes in producing chemical coatings that are applied on garments. AccuForm which has its headquarters in Hong Kong leveraged production capabilities of the two companies but failed to unite their individual value sets. An incident that caused eight children to be hospitalized disclosed a number of business scandals at AccuForm.
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