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Ascensus Acquires Independent Distributor

Nov 09, 2022•over 2 years ago

Acquiring Company

Ascensus Specialties

Acquired Company

Distributor

BiotechnologyManufacturing

Description

Ascensus Specialties LLC (“Ascensus”) today announced its acquisition of the business and certain assets of Strem Chemicals UK (“Strem UK”), the independent distributor of Ascensus high-purity, research-grade catalysts, ligands, organometallics, metal carbonyls and CVD/ALD precursors for the UK market.

Company Information

Company

Ascensus Specialties

About

Headquartered in Bellevue, WA, Ascensus Specialties LLC is a global leader in high performance specialty reagents, GMP & custom Synthesis, Catalysts, Ligands, CVD/ALD precursors, Specialty Intermediates, and API (Active Pharmaceutical Ingredient) Synthesis. Ascensus’ chemistries improve the way its clients create their products by making what they do easier, more efficient, safe and more selective. From world-class production sites in Elma, WA; Evans City, PA; Newburyport, MA; and Cambridge, UK, Ascensus has the global reach to ensure that clients can consistently manufacture their products to the highest standards on a global basis.

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