KARAM Safety completes acquisition of Midas Safety India to strengthen its leadership position in the PPE industry
May 03, 2024•over 1 year ago
Acquiring Company
KARAM
Acquired Company
Midas Safety India
Description
KARAM Safety, a global leader in PPE and fall protection solutions, has successfully acquired Midas Safety India, a prominent player in the hand protection safety products industry. This strategic acquisition enhances KARAM Group's product offerings and market presence, combining expertise in fall protection and PPE with extensive hand protection safety products. It marks a significant milestone in KARAM Group's journey towards expanding its presence and strengthening its leadership position in the safety industry.
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