Acquiring Company
Precision IBC
Acquired Company
Metano IBC Services
Description
Precision IBC, Inc. ("Precision IBC"), a leading provider of stainless steel and poly intermediate bulk containers (IBC), announced that it has acquired Metano IBC Services ("Metano"), an intermediate bulk container rental company with operations in New Jersey. The acquisition of Metano enhances Precision IBC's rental footprint in the Northeast U.S. and supports its efforts to provide competitive and tailored rental solutions across diverse industries.
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