Acquiring Company
Neogen
Acquired Company
Distributor
Description
Neogen Corporation (NASDAQ: NEOG) announced today that it has acquired Thai-Neo Biotech Co., Ltd., a longstanding distributor of Neogen's food safety products located in Bangkok, Thailand.
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