Acquiring Company
Lehigh Hanson
Acquired Company
Lehigh Hanson
Description
Lehigh Hanson, Inc. announced today that it has acquired all assets of Meriwether Ready Mix. These assets include four ready mixed concrete plants and a fleet of mixer trucks. Formed in 2005, Meriwether Ready Mix is a leading producer of ready mixed concrete with a well-established residential and commercial customer base in the Metro Atlanta Area.
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