Acquiring Company
AZZ
Acquired Company
Canton Galvanizing
Description
AZZ Inc. has announced its agreement to acquire all assets of Canton Galvanizing, LLC. This acquisition will expand AZZ's metal coatings capabilities in the Midwest and integrate Canton's operations into its existing network. The new facility will be named AZZ Galvanizing – Canton East LLC. AZZ expects to enhance its customer service and increase operational efficiency with this strategic move.
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