Telko, a subsidiary of Aspo, expands its plastics business through the acquisition of Polyma Kunststoffe GmbH & Co KG in Germany
Jun 04, 2024•over 1 year ago
Acquiring Company
Telko
Acquired Company
Polyma Kunststoffe GmbH & Co KG
Description
Telko, a subsidiary of Aspo Plc, has expanded its operations further through the strategic acquisition of Polyma Kunststoffe GmbH & Co KG in Hamburg, Germany. This acquisition strengthens Telko's engineering plastics business, provides access to the German market, and creates new opportunities for growth in Germany and neighboring countries.
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
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