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Telko, a subsidiary of Aspo, expands its plastics business through the acquisition of Polyma Kunststoffe GmbH & Co KG in Germany

Jun 04, 2024over 1 year ago

Acquiring Company

Telko

Acquired Company

Polyma Kunststoffe GmbH & Co KG

EspooReinbekManufacturingManufacturing

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.

Company Information

Company

Telko

Location

Keilaranta

Espoo, Uusimaa, Finland

About

Telko is a leading distributor and solution provider for converters and brand owners looking to safeguard their business with future-proof #plastics, #chemicals or #lubricants solutions. In short, the Telko Effect means uncovering a solution that improves the technical, financial and environmental performance of plastics, chemicals and lubricants. With experts and specialists serving over 7000 customers in the European and Eastern markets, we can dramatically improve our customers’ material efficiency, production lead times, financial and environmental performance – and ultimately, quality. We do this by enabling converters to uncover a future-proof formula. We empower brands to perform better, become more sustainable and more effective. As a service provider we help suppliers achieve maximum impact with their product.

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M&A Insights

Based on deal data
Integration 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