Bluefors To Acquire Its Distributor Rockgate, Establishing Direct Presence In The Japanese Cryogenics Technology Market
May 25, 2023•over 2 years ago
Acquiring Company
Bluefors
Acquired Company
Rockgate
Manufacturing
Description
Bluefors, a leading Finnish manufacturer of cryogenic measurement systems, has today announced its acquisition of Rockgate, a distributor of cryogenic equipment, based in Tokyo, Japan. With the acquisition Bluefors will establish direct sales and service presence in the Japanese cryogenics technology market and expand its global footprint beyond Finland, Germany, the Netherlands, and USA.
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