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Sumitomo Corporation acquires ActivStyle for healthcare expansion

May 07, 2025•7 months ago

Acquiring Company

Sumitomo Corporation Group

Acquired Company

ActivStyle

ChiyodaMinneapolisFinancial ServicesFinanceMedicalHealth Care

Description

Sumitomo Corporation has acquired ActivStyle, a U.S. provider of home medical supplies, expanding its presence in the healthcare market. The acquisition aims to leverage synergies between ActivStyle and Quest, a related company. This move supports Sumitomo's strategy to enhance insurance coverage and service offerings. The company plans to invest significantly in the U.S. healthcare sector in the coming years.

Company Information

Company

Sumitomo Corporation Group

Location

Otemachi Place East Tower

Chiyoda, Tokyo, Japan

About

Sumitomo Corporation is an integrated trading and business investment company with a strong global network comprising 125 offices in 64 countries and regions. The Sumitomo Corporation Group consists of approximately 900 companies and 80,000 employees on a consolidated basis. The Group's business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of "Enriching lives and the world," based on Sumitomo’s business philosophy passed down for over 400 years.

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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