Boehringer Ingelheim acquires Saiba Animal Health AG to boost pet therapeutics R&D
Sep 03, 2024•over 1 year ago
Acquiring Company
Boehringer Ingelheim
Acquired Company
Saiba Animal Health AG
Description
Boehringer Ingelheim has completed the acquisition of Saiba Animal Health AG, a company focused on the development of novel therapeutic medicines to address chronic diseases in pets. With this acquisition, Boehringer Ingelheim strengthens its animal health research and development (R&D) pipeline, specifically in the fast-growing pet therapeutics category.
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