Mann Lake Ltd. Acquires Pierce Beekeeping Equipment, Expanding Product Offerings
Jul 01, 2024•about 1 year ago
Acquiring Company
Mann Lake Ltd
Acquired Company
Pierce Beekeeping Equipment
Description
Mann Lake Ltd., the largest provider of high-quality beekeeping supplies and equipment, has acquired Pierce Beekeeping Equipment. This strategic acquisition reinforces Mann Lake's commitment to supporting beekeepers worldwide with an expanded range of products and unparalleled service.
FundzWatch™ Score
87
High M&A Activity
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