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Plp Announces Acquisition Of Holplast, S.R.O.

Mar 01, 2022•almost 4 years ago

Acquiring Company

Plp

Acquired Company

HOLPLAST

Internet Services

Description

Preformed Line Products Company (NASDAQ: PLPC) announced today that it has acquired HOLPLAST, s.r.o., based in Prostějov, Czech Republic.

Company Information

Company

Plp

About

PLP protects the world's most critical connections by creating stronger and more reliable networks. The company's precision-engineered solutions are trusted by energy and communications providers worldwide to perform better and last longer. With locations in over 20 countries, PLP works as a united global corporation, delivering high-quality products and unparalleled service to customers around the world. SOURCE Preformed Line Products

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