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Pre-Met acquires QSP to enhance capabilities

May 07, 20257 months ago

Acquiring Company

Pre-Met

Acquired Company

Quality Springs & Pressings

RedditchRedditchAerospaceManufacturing

Description

Pre-Met has acquired Quality Springs & Pressings to boost its market share in various industries. The deal ensures that all 16 QSP employees are retained, increasing Pre-Met's workforce to 60. This acquisition allows Pre-Met to broaden its manufacturing capabilities, including new technologies. The company aims to achieve a revenue target of £10 million with this strategic move.

Company Information

Company

Pre-Met

Location

Redditch, Worcestershire, United Kingdom

About

Pre-Met is a large UK based precision engineering solutions company. We specialise in contract metal presswork, stampings and assemblies. One of a handful of British manufacturing companies to hold all three quality assurance accreditations (EN91000, ISO14001 and IATF16949) we annually produce many millions of components for customers in over 35 countries.

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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