Acquiring Company
Bioworld Merchandising
Acquired Company
Character World Brands
Description
Bioworld Merchandising has acquired Character World Brands, a licensed homeware company based in the UK. This acquisition aims to enhance Bioworld's growth in the European market. Despite a recent pre-tax loss, Character World anticipates revenue growth in the coming year. Both companies are optimistic about the strategic benefits and opportunities this merger presents.
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