Primo Water Corporation to merge with BlueTriton Brands, Inc. to expand water and beverage solutions
Sep 05, 2024•12 months ago
Acquiring Company
Primo Water Corporation
Acquired Company
BlueTriton Brands
Description
Primo Water Corporation (NYSE: PRMW) and BlueTriton Brands, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the all-stock combination of the two companies. The transaction, expected to close by the end of calendar year 2024, subject to satisfaction of customary closing conditions, will create an expanded portfolio of water and beverage solutions in North America.
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