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INDUSTRY FIRST

Pelemix Announces Acquisition Of Even-Ari Green Ltd.

Mar 14, 2023•over 2 years ago

Acquiring Company

Pelemix Americas Operations

Acquired Company

Gaingels Drone Seed 2023

BurlingtonFarmingAgriculture and FarmingOtherAdvertisingE Commerce

Description

Pelemix Ltd. announced today that it has acquired Israeli-based growing media manufacturer Even-Ari Green Ltd. (EAG).

Company Information

Company

Pelemix Americas Operations

About

Pelemix is a global leader in the coir peat substrate market for hydroponic growers and nurseries. Founded in 1999, the company employs more than 500 staff in 11 locations around the globe. SOURCE Pelemix Ltd.

Company News

(1 articles)
Thu, 08 Dec 2022 08:00:00 GMT

10 mergers and acquisitions from 2022 - Hortidaily

FundzWatch™ Score

86
High M&A Activity

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