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Mann Lake Ltd. Acquires Pierce Beekeeping Equipment, Expanding Product Offerings

Jul 01, 2024•about 1 year ago

Acquiring Company

Mann Lake Ltd

Acquired Company

Pierce Beekeeping Equipment

HackensackSimi ValleyAgriculture and FarmingManufacturing

Description

Mann Lake Ltd., the largest provider of high-quality beekeeping supplies and equipment, has acquired Pierce Beekeeping Equipment. This strategic acquisition reinforces Mann Lake's commitment to supporting beekeepers worldwide with an expanded range of products and unparalleled service.

Company Information

Company

Mann Lake Ltd

Location

Hackensack, New Jersey, United States

About

Mann Lake Ltd. is the largest provider of high-quality beekeeping supplies and equipment. Since its founding in 1983, Mann Lake has been dedicated to supporting beekeepers with a wide range of high-quality products, from bees and protective gear, to hive management tools and medications. Mann Lake is committed to promoting the health and sustainability of bee populations and the success of beekeepers everywhere.

M&A Insights

Based on deal data
Integration 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

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