Plz Aeroscience Acquires 220 Laboratories To Expand Full-Service Personal Care Capabilities
Jul 19, 2021•about 4 years ago
Acquiring Company
PLZ Aeroscience
Acquired Company
Laboratories
Description
PLZ Aeroscience Corporation ("PLZ"), North America's largest independent specialty aerosol and liquid product manufacturer, today announced the acquisition of 220 Laboratories ("220 Labs"), a leading innovator and formulator of hair, skin and body products. With this combination, PLZ can now offer its customers an end-to-end suite of solutions, from new product ideation and formula development to the custom manufacturing of aerosol and non-aerosol products. Financial terms were not disclosed.
FundzWatch™ Score
83
High M&A Activity
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