Lincotek Acquires Majority Stake In Danco Medical, The Leader In Metal Finishing
Feb 24, 2022•almost 4 years ago
Acquiring Company
Lincotek
Acquired Company
Lincotek
Description
Global contract manufacturer Lincotek is announcing today that it has closed the acquisition of a majority stake in Danco Medical from Danco Anodizing (Warsaw, IN), strengthening the Medical Division of the group. The scope of the transaction comprises all the service activities focused on metal surface finishing for the medical market and includes the ISO-13485 certified facility in Warsaw, Indiana.
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