Acquiring Company
GS Foods Group
Acquired Company
The Danielsen Company
Description
GS Foods Group has announced the acquisition of The Danielsen Company, enhancing its presence in Northern California. This move combines their expertise to deliver better value to foodservice partners. The integration aims to maintain customer relationships while expanding GS Foods' distribution network. Danielsen's leadership will continue to ensure a smooth transition.
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