The Simply Good Foods Company completes acquisition of Only What You Need (OWYN) to enhance its product portfolio
Jun 13, 2024•over 1 year ago
Acquiring Company
The Simply Good Foods Company
Acquired Company
OWYN
DenverNew YorkNutritionFood ProcessingFood and BeverageFood And BeverageDescription
The Simply Good Foods Company (Nasdaq: SMPL) has successfully completed the acquisition of Only What You Need (OWYN), the fastest growing plant-based ready-to-drink protein shake brand. This acquisition enhances Simply Good Foods’ portfolio and strengthens its position within the RTD protein shake portion of the nutritious snacking category.
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