Acquiring Company
Massman
Acquired Company
Ultra Packaging
Description
Massman Companies, a worldwide leader in packaging machinery, announces today the acquisition of Ultra Packaging Inc., a privately held company based in Chicago, IL.
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