Representative comments on Daifuku Webb Holding Company’s planned acquisition of Wynright Corp.
Transaction to close before the end of the year.
Latest NewsQ4 2017 Rail/Intermodal Roundtable: Improvements apparent; work remains The State of the DC Voice Market Commtrex and Rockwood Steel study addresses operations gaps in freight railroad sector Behind the Koerber Group/HighJump acquisition Report: Amazon introduces new app for truck drivers More News
Latest ResourceMaximizing Your Sales Team’s Effectiveness Companies need to examine how to restructure their sales team to respond to different customers and subsequent buying behaviors and preferences.
After Daifuku Webb Holding Company today announced an agreement to acquire Wynright Corporation, Modern reached out to Sarah Carlson, marketing director at Daifuku, for her perspective on what the planned acquisition means for the company and the industry.
“Wynright is a large, well-respected company,” she said. “We’re looking to grow in North America and clearly Wynright is a leader there. We’ve worked together on projects such as Skechers and that through that experience we have developed a mutual respect for one another.”
Carlson also noted that the addition of Wynright’s expertise across a wide range of intralogistics solutions would complement Daifuku’s portfolio of material handling technologies.
“Warehousing and distribution is something we currently do, but this will absolutely help to grow our presence there. We’re doing this to remain competitive and offer additional services and we feel like we will have the widest array of material handling handling products following this acquisition. We’ll now be able to offer a wider array of products and complete solutions to better serve our customers.”
Carlson said she expects the transaction to close before the end of the year.
Daifuku Webb ranked second on Modern’s annual System Suppliers list this year, reporting $2.37 billion after converting from yen to U.S. dollars. Wynright came in at No. 17, reporting $216 million.
About the AuthorJosh Bond, Senior Editor Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.
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!
34th Annual Quest for Quality Awards: 2017 Awards Dinner Trucking Regulations: Washington U-Turns; States put hammer down View More From this Issue