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HASA Acquires Salt-to-Bleach Manufacturer Chem Eleven from FSTI, Inc.
PRIVATEFeb 19, 2024•over 2 years ago
Acquiring Company
HASA
Acquired Company
Chem Eleven Products
SaugusGreenvilleManufacturingManufacturingDescription
HASA, Inc. has acquired Chem Eleven Products, Inc. from its parent company, FSTI, Inc. This acquisition enhances HASA's operational capabilities in the Texas region, supporting its rapid growth strategy and cements their presence in the Texas market. The acquisition is expected to bolster HASA's production and service capabilities, accelerate their Texas growth strategy, and deliver incredible value to existing and future customers.
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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