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Harbour Group'S Marshall Excelsior Acquires Xanik

Mar 15, 2022•over 3 years ago

Acquiring Company

Marshall Excelsior

Acquired Company

Xanik

ManufacturingConsumer Goods

Description

Marshall Excelsior Company ("MEC"), a Harbour Group company, has acquired Xanor de Mexico ("Xanik"), Jeff Fox, Harbour Group's chairman and chief executive officer, announced today. Terms of the transaction were not disclosed.

Company Information

Company

Marshall Excelsior

About

Marshall Excelsior is a leading designer, manufacturer and supplier of mission-critical, highly engineered flow control products used in the transportation, storage, and consumption of compressed and liquefied gases. Over the past 40 years, MEC has provided a variety of solutions, including fittings, adapters, valves, regulators, pigtails, gauges, and accessories, to its growing base of customers. MEC's products support various critical applications including bulk storage, transport, industrial, commercial, medical, domestic, and recreational vehicles. The company is headquartered in Marshall, Michigan.

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