Coregistics acquires Belvika Trade & Packaging to become the largest pure-play contract packaging company in North America
Nov 14, 2024•9 months ago
Acquiring Company
Coregistics
Acquired Company
Belvika Trade & Packaging
Description
Coregistics, a leading contract packaging company and a portfolio company of Red Arts Capital, proudly announces the acquisition of Belvika Trade & Packaging, establishing Coregistics as the largest pure-play contract packaging company in North America in terms of scale and revenue. With the integration of Belvika’s capabilities, Coregistics is poised to offer a broader range of packaging services to its growing customer base, ensuring unmatched flexibility, scalability, and quality.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed