Acquiring Company
Consilium Safety Group
Acquired Company
Ares Marine
Description
Consilium Safety Group has announced its acquisition of Ares Marine, marking its expansion into the Turkish market. This takeover aims to enhance the safety solutions offered in the marine sector. The move is part of their strategy to grow their international presence. Both companies will work together to improve safety standards in maritime operations.
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