Iluma Alliance completes acquisition of Anitox to enhance feed safety solutions
Jul 01, 2024•about 1 year ago
Acquiring Company
Iluma Alliance
Acquired Company
Anitox
Description
Anitox, a feed safety specialist operating in 68 countries across different regions, has joined Iluma Alliance, a global business ecosystem dedicated to creating value for the feed and food industry. Anitox will continue to operate independently, preserving its identity, brands, teams, and geographic footprint, while benefiting from the innovation and resources of Iluma Alliance's business ecosystem.
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