Chocolate Works Today Announced The Acquisition Of Iconic Oregon Brand, Moonstruck Chocolate Co.
Jul 01, 2022•over 3 years ago
Acquiring Company
Chocolate Works
Acquired Company
Moonstruck Chocolate
Description
CHOCOLATE WORKS ACQUIRES MOONSTRUCK CHOCOLATE
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