Komline-Sanderson Acquires The Wyssmont Company, Expands Specialty Drying Capabilities
Jun 01, 2022•over 3 years ago
Acquiring Company
Komline-Sanderson
Acquired Company
Wyssmont Company
Natural ResourcesManufacturingNatural Resources
Description
Komline-Sanderson, a designer and manufacturer of equipment for product filtration, thermal processing, wastewater management, and other industrial applications, announced today the acquisition of the Wyssmont Company, a designer and manufacturer of thermal drying products for the chemical, pharmaceutical, mineral, and food industries. The investment closed on May 25, 2022.
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