Zeon Corporation Acquires Edge Precision Manufacturing Inc ("Edge"), A Leading Manufacturer Of Micro Featured Thermoplastic Devices For Diagnostic, Clinical, Optics, And Research Applications
Jan 10, 2023•over 2 years ago
Acquiring Company
Zeon
Acquired Company
Edge Precision Manufacturing
Description
Zeon Corporation (Zeon; head office: Chiyoda-ku, Tokyo; President and CEO: Kimiaki Tanaka), through its subsidiary Zeon Specialty Materials Inc. (California, U.S.A.; representative: Hirokazu Matsumoto), has purchased 100% of the shares of Edge Precision Manufacturing, Inc. (Massachusetts, U.S.A.; representative: Andrew Kamholz), a manufacturer of micro featured thermoplastic devices, from shareholders including venture capital funds managed by U.S. investment company Anzu Partners, LLC, on December 28, 2022.
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