Acquiring Company
Crown Holdings
Acquired Company
Helvetia
Description
Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has completed its previously announced acquisition of Helvetia Packaging AG, a beverage can and end manufacturing facility in Saarlouis, Germany.
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