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Hmi Specialist Rafi Acquires Xymox Technologies, Inc.

Jul 12, 2023•over 2 years ago

Acquiring Company

the RAFI Group

Acquired Company

Xymox

ElectronicsManufacturingManufacturing

Description

To strengthen its market presence in the USA and accelerate its global growth strategy, RAFI Group, one of the leading suppliers of electromechanical components, electronic assemblies, and systems for human-machine communication, acquired the U.S. company, Xymox Technologies, based in Milwaukee, WI.

Company Information

Company

the RAFI Group

About

Founded in 1900, the company develops and produces electromechanical components and systems for man-machine communication. These include buttons, switches, touch screens and operating systems as well as electronic assemblies. RAFI products are used in medical technology, mechanical and plant engineering, road and rail vehicles, household appliances and telecommunications, among other applications. The RAFI Group operates worldwide with around 2,500 employees at locations in Germany, Hungary, Italy, Poland, China and the USA. The headquarters of the RAFI Group is located in Berg near Ravensburg, Germany. Visit our website and follow us on LinkedIn, YouTube and Xing.

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