Solenis Acquires Cedarchem, Enhancing Water And Wastewater Treatment Capabilities In Southeastern U.S.
Oct 03, 2023•about 2 years ago
Acquiring Company
Solenis
Acquired Company
CedarChem
Description
Solenis, a leading global producer of specialty chemicals for water-intensive industries, completed the acquisition of CedarChem LLC on October 2, 2023. As part of the acquisition, Solenis will acquire all CedarChem operating assets.
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