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Charlotte Pipe And Foundry Acquires Neenah Enterprises, Inc.

Jul 13, 2022•about 3 years ago

Acquiring Company

Foundry

Acquired Company

Neenah Enterprises

Financial ServicesOther

Description

Charlotte Pipe and Foundry Company has announced that effective July 13, the Company has purchased Neenah Enterprises, Incorporated, headquartered in Neenah, Wisconsin. Neenah operates three plants which manufacture construction and industrial castings. The Neenah plant locations are Medley, Florida, Neenah, Wisconsin and Lincoln, Nebraska.

Company Information

Company

Foundry

About

A subsidiary of DCG, Foundry Digital LLC is a financing and advisory company focused on digital asset mining and staking. With the mission of empowering a decentralized infrastructure for a digital world, Foundry provides North American digital asset mining businesses with capital and intelligence. Foundry is based in Rochester, NY. For more information, please visit foundrydigital.com. SOURCE Foundry

Company

Charlotte Pipe

About

Charlotte Jade believe in bringing the beauty of the outside in by creating hand drawn patterns inspired by nature, blurring the lines between interior spaces and the outside world. These unique designs are printed onto luxury interior products and home accessories, suitable for commercial and residential interiors.

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