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Shawcor Acquires Triton Stormwater Solutions And Vertically Integrates Stormwater Management Solution

Mar 01, 2023almost 3 years ago

Acquiring Company

Shawcor

Acquired Company

Triton Stormwater Solutions

Oil And GasManufacturing

Description

Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) announced that it has acquired the assets of Triton Stormwater Solutions, a privately owned provider of highly engineered, lightweight, composite materials-based underground infiltration chamber products, used primarily within stormwater management solutions. The product line will be consolidated into Shawcor’s Xerxes® business unit, which is reported as part of the Composite Systems segment.

Company Information

Company

Shawcor

About

Shawcor Ltd. is a growth-oriented, global material sciences company serving the Infrastructure, Energy, and Transportation markets. The Company operates through a network of fixed and mobile manufacturing and service facilities. Its three business segments, Composite Systems, Automotive & Industrial and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact. For further information, please contact Meghan MacEachernExternal Communications & ESG, DirectorTelephone: 437.341.1848Email: meghan.maceachern@shawcor.comWebsite: www.shawcor.com

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