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.
By Modern Materials Handling Staff
September 16, 2010 - MMH Editorial

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!

Recent Entries

Total POLB volumes dropped 9.1 percent in August at 573,083 TEU, and POLA volumes in August were up 6.7 percent compared to August 2013 at 757,702 TEU.

Following a week in which the average price per gallon was flat, diesel prices resumed their decline, falling 1.3 cents to $3.801 per gallon, according to the Department of Energy’s Energy Information Administration.

Read how others are using Business Process Modeling to implement Microsoft Dynamics AX with reduced risk.

While diesel prices have largely been out of the spotlight in 2014, freight transportation and logistics stakeholders always need to keep a close eye on what prices are doing, as it has a significant impact on transportation budgets and forecasting.

Railroad service issues and rates, which many rail shippers deem as unreasonable, are front and center in a piece of legislation to be introduced soon by Senators Jay Rockefeller (D-WV) and John Thune (R-SD), chairman and ranking member of the Senate Committee on Commerce Science and Transportation.

About the Author

Bob Heaney is a seasoned professional with over 25 years of distinguished leadership experience in research, analysis, and advisory roles in Supply Chain Engineering. Heaney’s coverage area within Aberdeen includes various elements of Supply Chain Execution (Transportation Management, Warehouse Management, Distributed Order Management and Supply Chain Visibility). Contact Bob Heaney

Comments

Post a comment
Commenting is not available in this channel entry.