Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
Lummus Technology
Acquired Company
Shell Catalysts & Technologies
LondonEnergyOil And GasRenewable EnergyManufacturingEnergyOil And GasBiomass EnergyDescription
Lummus Technology has acquired assets and personnel from Shell's Environmental Catalysts and Systems business. This move strengthens Lummus' environmental solutions platform and expands their capabilities in emissions-control technologies. The acquisition is part of their strategy to address increasing regulatory demands for decarbonization. Shell Catalysts & Technologies will support ECS customers during the transition period.
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