Lineage Logistics Acquires Mandai Link Logistics For Major Expansion Into Singapore
May 05, 2022•about 3 years ago
Acquiring Company
Lineage Logistics
Acquired Company
Mandai Link Logistics
Description
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Mandai Link Logistics (“Mandai”), marking the Company’s market entry into Singapore. Financial terms of the transaction were not disclosed.
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