Upl'S Advanta Seeds And Bunge Announce Intention To Acquire A Combined 40% Stake In Seedcorp|Ho
Nov 16, 2022•about 3 years ago
Acquiring Company
Advanta
Acquired Company
A STAKE IN SEEDCORP|HO
Description
UPL Ltd. (NSE: UPL & BSE: 512070 LSE: UPLL) ('UPL'), a global provider of sustainable agricultural solutions, today announced that its company, Advanta Seeds UK, and Bunge (NYSE: BG) have signed an agreement to acquire a 20% stake each in SEEDCORP|HO.
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