Verallia completes acquisition of Vidrala’s Glass Business in Italy to strengthen operational excellence
Jul 04, 2024•over 1 year ago
Acquiring Company
Verallia
Acquired Company
Vidrala
Description
Verallia, the European leader in glass packaging, has successfully finalized the acquisition of Vidrala’s Glass Business in Italy with a focus on enhancing its operational excellence and industrial footprint. This strategic move is in alignment with Verallia's commitment to sustainable solutions and growth in key European markets.
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