Acquiring Company
Sofina Foods
Acquired Company
Finnebrogue
Description
Sofina Foods has acquired Finnebrogue, enhancing its portfolio and expanding its workforce in Europe. This merger will strengthen Sofina's food distribution network across the UK and Europe. The acquisition aligns with Sofina's goal of ambitious expansion and maintaining a legacy of excellence in food production. Both companies share common values, paving the way for future growth.
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