Lindab Acquires Firmac, Leader In Rectangular Ventilation Duct Machinery
May 02, 2023•over 2 years ago
Acquiring Company
Lindab
Acquired Company
Firmac
Description
Lindab acquires the British company Firmac Ltd, which is the European leader in machines for manufacturing of rectangular ventilation ducts. Through its Spiro business, Lindab is the market leader in machines for manufacturing of circular ventilation ducts.
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