Dematic Group completes acquisition of HK Systems
The expanded footprint will allow the company to domestically manufacture automated storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order fulfillment technology.
Latest NewsDiesel prices head up for fourth straight week, reports EIA Behind the Korber AG and DMLogic Acquisition Lyon earns UL GREENGUARD Gold Certification Behind the Korber AG and DMLogic Acquisition J.B. Hunt announces plans to acquire Special Logistics Dedicated LLC, expand e-commerce offerings More News
Latest ResourceSupplier Relationship Micro Management Optimizing Across Six Guiding Principles
Dematic Group, a leading global supplier of integrated materials handling solutions and services, announced today that it has successfully completed the acquisition of HK Systems, a North American automated materials handling and software solutions provider. This strategic union was made final on September 15, 2010.
John K. Baysore, CEO of Dematic North America, will be responsible for leading and developing the newly combined company in the United States and Canada. With more than 20 years of executive experience, Baysore will lead Dematic in the design, delivery and support of a more robust and diversified solution offering to the company’s customers.
The newly combined company will be called Dematic, with its North American headquarters in Grand Rapids, Michigan. The expanded manufacturing footprint will allow Dematic to domestically manufacture automated storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order fulfillment technology.
“Throughout the transition, customers will remain our top priority,” Baysore said. “The combined company will provide enhanced material flow solutions to improve our customers’ supply chain performance while increasing their service levels and profitability. Our goal is to deliver seamless end-to-end solutions for diversified vertical markets from manufacturing to distribution. In addition, the acquisition combines two powerful customer service infrastructures to deliver the industry’s most responsive and dependable integrated material handling systems support.”
Modern originally reported on this merger back on August 6. Click here to read more…
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door View More From this Issue