Bell-Carter Foods Announces Acquisition By Escalante Family Of Ag Olives
Sep 08, 2022•almost 3 years ago
Acquiring Company
ESCALANTE FAMILY OF AG OLIVES
Acquired Company
BELL-CARTER FOODS
Description
The Escalante family, owners of Aceitunas Guadalquivir (AG Olives), one of the world's premier olive companies and recognized industry leader in technology and sustainable practices, today announced the acquisition of Bell-Carter Foods, LLC, a leading manufacturer of table olives in the United States. Bell-Carter Foods' current senior leadership team, led by fourth-generation CEO, Tim T. Carter, will continue to lead the 110-year-old, family-founded business under the same moniker.
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