Acquiring Company
Wakefern Food Corp
Acquired Company
Morton Williams
KeasbeyBronxRetailFood and BeverageRetailDescription
Wakefern Food Corp. announced the successful acquisition of Morton Williams, a family-owned neighborhood grocer with 17 stores. The acquisition will allow Wakefern to operate these locations while maintaining their tradition of quality offerings. The stores will emphasize fresh prepared meals and private label products from both brands.
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