Harbro completes acquisition of Murray Farmcare Ltd to expand retail and farm sales network
Jun 27, 2024•over 1 year ago
Acquiring Company
Harbro
Acquired Company
Murray Farmcare
Description
Harbro, an established animal feed firm, has announced the acquisition of Murray Farmcare Ltd, an independent group of country stores in Dumfriesshire and the North of England. This strategic move will expand Harbro's retail and on-farm sales network, enabling them to offer a broader variety of products and services to the farming and wider rural community. The acquisition aligns with Harbro's ethos of providing excellent customer service, advice, and value for money.
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