New Pendulum Corporation completes acquisition of Bardot Plastics Inc. to further extend plastics portfolio into injection molding
Jun 10, 2024•over 1 year ago
Acquiring Company
New Pendulum
Acquired Company
Bardot Plastics
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.
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