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Id Logistics To Acquire Kane Logistics In The United States

Feb 14, 2022•almost 4 years ago

Acquiring Company

Id Logistics

Acquired Company

Kane Logistics

Sales And MarketingProfessional Services

Description

Regulatory News:

Company Information

Company

Id Logistics

About

ID Logistics is an international contract logistics group, with revenue of €1,911 million ($2,179 million) in 2021. ID Logistics manages 360 sites across 17 countries, representing nearly 8.0 million square meters of warehousing facilities in Europe, America, Asia and Africa, with 27,500 employees. With a client portfolio balanced between the retail, industry, detail picking, healthcare and e-commerce sectors, ID Logistics is characterized by offers involving a high level of technology. Developing a social and environmental approach through a number of original projects since its creation in 2001, the Group is today resolutely committed to an ambitious CSR policy. ID Logistics is listed on Compartment A of Euronext’s regulated market in Paris (ISIN Code: FR0010929125, Ticker: IDL).

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