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O.Berk West Llc Announces Acquisition Of The Business Of E.D. Luce Packaging Of Cerritos, California

Aug 17, 2022•almost 3 years ago

Acquiring Company

O.Berk Company Llc

Acquired Company

E.D. Luce Packaging

Health CareManufacturing

Description

O.Berk West LLC is pleased to announce that it has acquired the business of E.D. Luce Packaging of Cerritos, California, a wholesale distributor of bottles, jars, vials, containers, prescription packaging, and pharmaceutical supplies since 1943. O.Berk® West is an affiliate of O.Berk Company, LLC (Union, NJ), O.Berk Company of New England, LLC (West Haven, CT), and Kols Containers, Inc. (Baltimore, MD). The acquisition of this experienced team of packaging professionals will add to O.Berk's leading footprint within the personal care and pharmaceutical packaging marketplaces from coast to coast.

Company Information

Company

O.Berk Company Llc

About

O.Berk Company, LLC, and its affiliates, with three established locations on the East Coast and a location in the Los Angeles, California area, provide complete packaging services to the pharmaceutical, health care, cosmetic, personal care, food and beverage, household, and commercial industries. O.Berk® offers end-to-end packaging solutions with stock, custom plastic and glass containers, caps, pumps, and sprayers, as well as labeling and decorating services.

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