Vanderlande

Assembly Line

Vanderlande announces acquisition of Siemens Logistics

๐Ÿ“… Date:

๐Ÿ”– Topics: Acquisition

๐Ÿข Organizations: Vanderlande, Siemens Logistics


Vanderlande, a leader in future-proof logistic process automation for the warehousing, airports and parcel sectors, has signed an agreement to acquire Siemens Logistics โ€“ a leading provider of value-added baggage and cargo handling as well as transformational digital solutions for the airport operation of the future โ€“ from the companyโ€™s current owner Siemens. The acquisition has received full approval and support from the Supervisory and Management Boards of both Vanderlande and its parent company Toyota Industries Corporation (TICO) as well as the Management Board of Siemens.

Read more at PR Newswire