3E Acquires ChemChain, Bolstering its Supply Chain & Sustainability Offering
Jan 11, 2024•over 1 year ago
Acquiring Company
3E
Acquired Company
ChemChain
Description
3E, a global leader in intelligent compliance solutions for Environmental, Health, Safety and Sustainability (EHS&S) and product compliance, has acquired ChemChain, headquartered in Luxembourg. ChemChain’s proprietary IP and technology will bring an expanded, innovative approach to further augment 3E’s Supply Chain & Sustainability solution, 3E Exchange. This acquisition reinforces 3E's commitment to accelerating global supply chain transparency and sustainability with a unique combination of technology and regulatory expertise.
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