Acquiring Company
Palletower
Acquired Company
Alternative Storage Systems
SaleLeedsTransportationSupply Chain ManagementLogisticsManufacturingDescription
Palletower has completed the acquisition of Leeds-based Alternative Storage Systems. This marks Palletower's fifth acquisition in the racking and shelving sector over the past eight months. The strategic move is aimed at fueling the rapid growth of its racking and shelving division. This acquisition will further expand Palletower’s presence in the North and East of England.
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