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Havi Acquires Pmi Worldwide

Sep 01, 2021•almost 4 years ago

Acquiring Company

HAVI

Acquired Company

PMI Worldwide

Government And MilitaryCommerce And ShoppingEducationInformation TechnologySoftwareCommerce And ShoppingManufacturingSoftware

Description

The HAVI Group, LP, a global, privately-owned company that operates businesses providing services in supply chain, sourcing, and consumer engagement to leading global brands, today announced it has acquired Pacific Market International, LLC (“PMI Worldwide”), a global manufacturer of sustainable food and beverage container solutions. The acquisition further expands HAVI’s role and offerings as a leader in product development and strategic sourcing serving the world’s largest global foodservice brands.

Company Information

Company

HAVI

About

HAVI is a global, privately-owned company that connects people with ideas, data with insights, supply with demand, restaurants with deliveries, and ultimately, people with the products they love. Whether we are sourcing, storing, or delivering products, we bring unmatched category expertise and unrivaled operational excellence, combined with powerful digital analytics and insights. Founded in 1974, HAVI employs more than 10,000 people and serves customers in more than 100 countries. Our agency, The Marketing Store, provides complementary customer engagement services ranging from loyalty programs and contests and sweeps to retail experience programs and partnerships. For more information, please visit HAVI.com and TheMarketingStore.com.

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