Alstef Group acquires U.S.-based logistics automation leader Solution Net Systems
SNS, headquartered in Quakertown, Pa., designs and integrates configurable solutions for the e-commerce, food, pharmaceutical, postal, retail, third-party logistics and transportation, and distribution industries.
Global materials handling specialist Alstef Group has finalized the acquisition of Solution Net Systems (SNS), a U.S.-based leader in automated parcel handling systems and a trusted name in warehouse automation solutions.
SNS, headquartered in Quakertown, Pa., designs and integrates configurable solutions for the e-commerce, food, pharmaceutical, postal, retail, third-party logistics and transportation, and distribution industries.
“The acquisition of SNS extends Alstef Group’s global footprint and harmonizes our existing range of products and services in our parcel handling automation division,” said Nicolas Breton, CEO of Alstef Group. “The synergies, solution portfolio, and team of people SNS brings to the group strongly complement our company values of innovation, customer focus, know-how, and team spirit, and we are delighted to welcome SNS into our world-class technology group as we move into the next level of growth.”
Stan Sroka, President of SNE, added, “We believe that Alstef Group is an excellent strategic partner to help take our solutions and business to the next level. Solution Net Systems will benefit from Alstef Group’s exceptional reputation, global footprint, and capabilities in the material handling market”.
Alstef Group designs, integrates, and supports automated turnkey solutions for the airport, intralogistics and parcel markets. Established in 16 countries and with installed systems on all five continents, Alstef Group has more than 800 employees. The group generated revenue over €160 million in 2022.
