Manna Pro® Products Acquires Dinovite®, Continues Category Leadership Expansion In Direct-To-Consumer Companion Pet Care And Wellness
Sep 10, 2021•almost 4 years ago
Acquiring Company
Manna Pro
Acquired Company
Dinovite
Description
Manna Pro® Products, a St. Louis-based manufacturer and marketer of pet care and nutrition products, has agreed to acquire Dinovite, Inc., a 20-year-old family-owned and operated online pet brand that offers premium whole food supplements and wellness products for dogs and cats.
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