Acquiring Company
Chobani
Acquired Company
Daily Harvest
Description
Chobani has officially acquired organic food retailer Daily Harvest. This acquisition aims to enhance Chobani's product offerings in the health food segment. Daily Harvest's focus on convenient and wholesome meals aligns with Chobani's commitment to healthy living. The merger is expected to create synergies between both brands.
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