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Sibelco completes acquisition of Strategic Materials, Inc. to enter North American glass recycling industry

Apr 23, 2024about 1 year ago

Acquiring Company

Sibelco

Acquired Company

Strategic Materials

AntwerpenHoustonManufacturingOther

Description

Sibelco, a global leader in material solutions and glass recycling, has signed a definitive agreement to acquire Strategic Materials, Inc. (SMI), a leading glass recycler and producer of glass cullet in North America. This acquisition represents an opportunity for Sibelco to expand its operating footprint in North America and establish itself as a glass recycling leader in both Europe and North America.

Company Information

Company

Sibelco

Location

Antwerpen, Antwerp, Belgium

About

Sibelco is a global leader in material solutions, mining, processing, and selling specialty industrial minerals. With production facilities in more than 30 countries and a team of some 5,000 people, Sibelco serves industries as diverse as glass, ceramics, construction, coatings, polymers, water purification, and others.

M&A Insights

Based on deal data
Integration 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

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