Identifiable Asset

You run a pet food manufacturer. You purchase a Serbian bird pellet maker as an entry into certain Eastern European markets.

An identifiable asset is one that provides clear value to you as the acquiring company. The Serbian firm has established factories making bird food that you plan to keep operating after the acquisition. It also has a recognizable brand in the region you can leverage. Identifiable assets (both tangible and intangible assets can count as identifiable).