Engineered Foam Packaging (Efp) Announces Acquisition Of Naturekool, Inc.
Dec 19, 2022•over 2 years ago
Acquiring Company
Engineered Foam Packaging
Acquired Company
NatureKool
Description
Engineered Foam Packaging (EFP), a leader in the design and manufacturing of custom protective packaging and cold chain solutions, announced today the acquisition of the North Carolina based company, NatureKool, Incorporated, the world’s first natural fiber insulated shipper. This acquisition represents the next building block in EFP’s efforts to provide a complete line of high quality and repeatable cold chain packaging solutions to the US market. The acquisition provides one more link in the geographic expansion of EFP’s Temperature Solutions Group and our commitment to environmental stewardship.
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