Renew Holdings Plc enters onshore wind services market with acquisition of Full Circle Group Holding BV
Oct 07, 2024•about 1 year ago
Acquiring Company
Renew Holdings
Acquired Company
Full Circle Wind Services
Description
Renew Holdings Plc, a UK engineering services company, has made a strategic move into the onshore wind services market through the acquisition of Full Circle Group Holding BV. This acquisition presents an exciting opportunity for Renew Holdings to expand its portfolio and enter a high-growth and fragmented market.
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