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Schivo Acquires Apn Global

Nov 08, 2022•about 3 years ago

Acquiring Company

Schivo

Acquired Company

APN Global

Waterfordmedical devicesBiotechnologyManufacturing

Description

Schivo is pleased to announce it has acquired APN Global, including its operating subsidiary APN Inc. While further solidifying Shivo's presence in North America, this is a new step for APN, which will continue its growth in Quebec and will become the Schivo Group's manufacturing center of excellence throughout the world.

Company Information

Company

Schivo

Location

Cork Road

Waterford, Waterford, Ireland

About

Schivo is helping create the medical and life science devices of the future. Partnering with industry leaders and innovators in the Medical Device, Life Sciences, and Analytical markets, they develop, manufacture, assemble, and deliver prototypes and finished devices to help clients bring their technologies to market. Serving as a natural extension of their development team, Schivo addresses unique engineering challenges, creates innovative manufacturing processes, and simplifies the supply chain to support clients at every step from concept to commercial launch.

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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