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New Pendulum Corporation completes acquisition of Bardot Plastics Inc. to further extend plastics portfolio into injection molding

Jun 10, 2024over 1 year ago

Acquiring Company

New Pendulum

Acquired Company

Bardot Plastics

EastonManufacturing

Description

New Pendulum Corporation, specializing in industrials and manufacturing, has successfully completed the acquisition of Bardot Plastics Inc., a custom injection molding company based in Easton, Pennsylvania. This acquisition is aligned with New Pendulum's strategy to expand its plastics portfolio capabilities, creating increased profitability through long-term investment and enhancing its omnichannel expertise.

Company Information

Company

New Pendulum

About

New Pendulum is a family-owned and managed, privately held company with a proven track record of strategic acquisitions and accelerated growth internationally since 1986. Specializing in industrials and manufacturing, our approach is one of creating increased profitability through long-term investment, sound corporate stewardship, and leveraging omnichannel expertise. The New Pendulum family of companies includes New Pig, SpillTech, Bardot Plastics, and ten others, with holdings in nine countries and totaling more than 800 employees.

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