Acquiring Company
HW Richardson Group
Acquired Company
Christchurch Ready Mix Concrete
InvercargillBelfastTransportationBuilding MaterialManufacturingDescription
HW Richardson Group Ltd has completed the acquisition of Christchurch Ready-Mix Concrete Ltd. The Grant family has sold 100% of their shares in CRMC to HWR, ensuring the continued growth and success of the business. The transaction was finalized on April 11, with all operations remaining unchanged. HWR is committed to upholding the high standards of service and quality associated with CRMC.
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