Foss Recycling to Acquire Wall Recycling's Scrap Metal Division for Expansion

Apr 17, 2024•over 1 year ago

Acquiring Company

Foss Recycling

Acquired Company

Wall Recycling

North Carolina

DurhamMining

Description

Foss Recycling, a leading metal recycling and auto salvage company, has announced the acquisition of Wall Recycling's scrap metal division. This strategic move is aimed at expanding Foss Recycling's operations and market presence in the regional metal recycling industry.

Company Information

Company

Foss Recycling

Location

North Carolina, United States

About

Foss Recycling is a prominent recycling company specializing in metal recycling, auto salvage, and environmental conservation. With a network of multiple facilities, Foss Recycling provides efficient, environmentally friendly recycling solutions to its clients.

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

Foss Recycling to Acquire Wall Recycling's Scrap Metal Division for Expansion

Description

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M&A Insights

Company Information