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Wildpack Beverage Inc. Announces The Closing Of Its Acquisition Of Land And Sea Packaging And C$42,000,000 Financing Transactions

Nov 25, 2021about 4 years ago

Acquiring Company

Wildpack

Acquired Company

Sea

VancouverSingaporeFood and Beverage

Description

Wildpack Beverage Inc. (TSXV: CANS) (OTC: WLDPF) ("Wildpack" or the "Company") is pleased to announce that it has closed the strategic acquisition of KT Murray Corporation dba Land and Sea Packaging ("Land and Sea") (See: Press Release dated November 1, 2021), an established high-volume aluminum can brokering business based in Grand Rapids, Michigan, for US$37.2 million (the "Acquisition") and associated financing transactions.

Company Information

Company

Wildpack

Location

Vancouver, British Columbia, Canada

About

Wildpack Beverage Inc. is a leading middle market co-packer of canned goods.

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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