logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Flacks Group completes acquisition of Artemyn from Imerys SA to enter the mining industry

Jul 08, 2024•over 1 year ago

Acquiring Company

Flacks Group

Acquired Company

Artemyn

MiamiParisManufacturing

Description

Flacks Group has closed a $400 million mining acquisition from Imerys SA by acquiring Artemyn. This strategic move marks Flacks Group’s official entry into the mining industry and significantly strengthens its diversified portfolio, leveraging the strong performance and global reach of Artemyn.

Company Information

Company

Flacks Group

Location

Miami, Florida, United States

About

Founded in 1983, Flacks Group is a leading holding company with a $4 billion global asset value. We specialize in acquiring businesses in the manufacturing, industrial, processing, and engineering sectors with revenues between $50 million and $2 billion. Additionally, we own over $3 billion worth of real estate globally, including development projects.

Related People

Sign in to view contact details

Sign in to view contact details

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