logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Padagis Announces The Acquisition Of 17,000 Square Meter Facility In Yerucham, Israel

Jul 20, 2023•over 2 years ago

Acquiring Company

Padagis

Acquired Company

17 000 SQUARE METER FACILITY IN YERUCHAM

BiotechnologyHealth Care

Description

Padagis, a leading provider of extended topical and other specialty pharmaceuticals, announced today the acquisition of a facility formerly operated by Emilia Cosmetics, Ltd. in Yerucham, Israel. Padagis President, Pamela Hoffman, stated "The acquisition of the former Emilia Cosmetics, land and facility expands Padagis' presence in the region. Through this investment, we secure space for future manufacturing and warehousing operations in this important region to support the growing demand for our products."

Company Information

Company

Padagis

About

Padagis is dedicated to improving the well-being of patients and consumers by providing high quality, affordable, specialized healthcare products. The company is a leading provider of extended topical and other specialty pharmaceuticals to its primary markets of the United States and Israel. Padagis employs over 1,300 people worldwide. Visit Padagis online at (http://www.padagis.com). SOURCE Padagis

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