Profile® Products Acquires Nivetha Exporters, Expands Horticulture Portfolio With Access To Coconut Coir
Sep 14, 2022•over 3 years ago
Acquiring Company
ProfileProducts
Acquired Company
Nivetha Exporters
Description
Profile® Products announced the acquisition of Nivetha Exporters, a leading international producer of high-quality coco coir products. The transaction includes all Nivetha product lines, as well as the company's best-in-class facilities in Southern India and dedicated employee base. As part of the acquisition, Nivetha has been renamed to CoirSci.
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