The Cly-Del Manufacturing Company Acquires Semco Tool & Manufacturing Company
Oct 03, 2023•almost 2 years ago
Acquiring Company
Cly-Del Manufacturing Company
Acquired Company
Cly-Del Manufacturing Company
ManufacturingManufacturing
Description
The Cly-Del Manufacturing Company proudly announces its acquisition of Semco Tool & Manufacturing Company Inc., of Naugatuck, a distinguished manufacturer of custom eyelets and deep-drawn metal components. This strategic partnership is rooted in a shared commitment to preserving family ownership and fostering four generations of dedicated leadership deeply embedded in the Greater Waterbury community.
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