Acquiring Company
AO Ltd
Acquired Company
musicMagpie PLC
LondonE CommerceDescription
AO Ltd, a subsidiary of AO World PLC, is set to acquire musicMagpie PLC, a re-commerce company specializing in refurbished consumer technology. The acquisition follows the sanctioning of a scheme of arrangement by the Court on December 10, 2024, under Part 26 of the Companies Act. This strategic move is subject to the terms outlined in the Scheme Document, and further announcements will be made once the acquisition is finalized.
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