Sandvik Completes The Acquisition Of The Tube Engineering Solutions Company Gerling Gmbh
Feb 16, 2022•almost 4 years ago
Acquiring Company
Sandvik
Acquired Company
Gerling GmbH
Description
Sandvik has completed the previously announced acquisition of the German based company Gerling GmbH, a precision tube engineering company serving multiple industries including the fast-developing hydrogen market. The offering includes innovative engineering solutions, such as high-pressure control technology in hydrogen refueling stations.
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