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Odl, Inc. Acquires Second Quebec Company With Purchase Of Robover, Expands Growth In North America

Aug 11, 2022•over 3 years ago

Acquiring Company

ODL

Acquired Company

Quebec

ZeelandBuilding MaterialManufacturing

Description

ODL, Inc. announces the acquisition of Robover, Inc., an insulated glass manufacturer in Quebec, Canada. Robover has been a leader in delivering insulated glass solutions to the Canadian market for over 20 years, making them an ideal partner for ODL, as they expand their mission of Building Value into Building ProductsTM.

Company Information

Company

ODL

Location

Us 215 East Roosevelt Ave

Zeeland, Michigan, United States

About

ODL, Inc. is a leading building products supplier, founded in 1945 and headquartered in Zeeland, Michigan. It is a privately held, third-generation, family-owned company with over 75 years of experience. ODL offers a wide range of products designed to build value into the home under various brands including ODL, Verre Select, and Robover.

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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