Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
Global New Material International
Acquired Company
Merck's Surface Solutions business (SUSONITY)
China
GermanySoftwareArtificial IntelligenceManufacturingDescription
In a significant move, Global New Material International has acquired Merck's Surface Solutions business, SUSONITY, for Euro 665 million. This acquisition has been selected by the Hong Kong Department of Justice as a benchmark case for cross-border mergers. The deal enhances Global New Material's position as a global technology platform for surface performance materials. The acquisition promises to deliver comprehensive synergies across production, sales, and R&D.
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