Etnyre International acquires Hendrick Manufacturing to expand metal manufacturing presence
May 14, 2024•over 1 year ago
Acquiring Company
Etnyre International Ltd
Acquired Company
Hendrick Manufacturing
Description
Etnyre International Ltd. has successfully acquired Hendrick Manufacturing, a move that expands Etnyre's metal manufacturing presence in new markets. With this acquisition, Etnyre International strengthens its commitment to producing superior quality products and services while expanding its market reach.
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