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Conair Llc Acquires The Fulham Group

Sep 05, 2023over 2 years ago

Acquiring Company

Conair

Acquired Company

The Fulham Group

StamfordLifestyleRetailFashionManufacturing

Description

Conair LLC is announcing that it has acquired The Fulham Group, exclusive maker of Cuisinart Outdoor Products and a long-term business partner. The transaction closed on August 31st and this is Conair's first acquisition since becoming part of American Securities' portfolio of companies.

Company Information

Company

Conair

Location

Stamford, Connecticut, United States

About

Conair is a leading international designer, manufacturer, and marketer of branded personal care and small kitchen appliances, cookware, hair brushes & accessories, cosmetic bags, and travel accessories. Conair has always been driven by a passion for innovation; it’s part of the Company’s DNA. Trendsetting products have been invented by Conair since its inception in 1959, keeping the Company always a step ahead of the competition. The company's domestic and international divisions offer a diversified mix of consumer and professional products sold in over 120 countries.

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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