Kymera International to acquire Fiven ASA, a leader in advanced silicon carbide materials
Jun 04, 2024•over 1 year ago
Acquiring Company
Kymera International
Acquired Company
Fiven ASA
Description
Kymera International, a global leading specialty materials and surface technologies company, has signed an agreement to acquire Fiven ASA from OpenGate Capital. This acquisition will accelerate Kymera's mission to become a high-growth specialty materials and chemicals platform, unlocking substantial organic growth opportunities for the combined business.
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