Grand Metropolitan Hotels acquires majority stake in TOP INTERNATIONAL Hotels to enhance global competitiveness
Nov 06, 2024•10 months ago
Acquiring Company
Grand Metropolitan Hotels
Acquired Company
TOP INTERNATIONAL Hotels
Description
With the acquisition of TOP INTERNATIONAL Hotels, Grand Metropolitan Hotels plans to expand its portfolio and leverage synergies to enhance the competitiveness of its partner and member hotels in global markets. This strategic move aims to integrate established processes, innovative technologies, and expert knowledge to drive shared success.
FundzWatch™ Score
7
Low M&A Activity
1 total signals
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