Toyota Industries Corporation to Acquire Vanderlande for 1.2 billion euros
Acquisition is intended to strengthen TICO's materials handling business and follows the acquisition of Bastion Solutions.
Warehouse Automation - “Quantum Leap in Productivity”
The logistics centre at the meat processing plant of EDEKA Südwest Fleisch Rheinstetten.
- Urban Outfitters Chooses Vanderlande Industries to Integrate…
- All Resources
Celebrating more than 45 years in business in North America, TMHU is the supplier of Toyota lift trucks, the No. 1 selling brand since 2002. In addition to the full line of high-quality lift trucks, the company’s extended industrial equipment solutions include Automated Guided Vehicles and tow…
Vanderlande is a leading supplier of value-added logistic process automation for warehouses and distribution centers. The company is also the global market leader for automated solutions at airports, and in the parcel market.
Vanderlande is a dependable partner for warehousing in the e-commerce,…
- Company Quicklook
Toyota Material Handling News
- Toyota Industries Corporation to Acquire Vanderlande for 1.2…
- How Customers Acquire, Maintain and Replenish their Lift Truck…
- Lift Truck Preventative Maintenance
- All Toyota Material Handling News
Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande, a global market leader for value-added logistic process automation at airports, warehouses and the parcel market, from the company’s current owner NPM Capital.
The acquisition has been fully approved and supported by Vanderlande’s Supervisory and Management Boards, and Works Council. Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide.
According to a release, the transaction signifies TICO’s strategic ambition to increase its presence in automated material handling. It follows the recently announced expansion in North America with the acquisition of Bastian Solutions LLC.
Last year the Japanese company celebrated its 90th anniversary (1926-2016) and has grown to 51,458 employees as of the end of March 2016. In the same financial year, it achieved a turnover of € 16.8 billion, with material handling representing 45% of its total business. It has been the world’s number one lift truck manufacturer since 2002 and the number one in the Japanese market over the past 50 years.
“Vanderlande complements our current offering by providing a full range of integrated automated material handling solutions. We also see a strong strategic match in our extensive sales and service networks. This acquisition creates even better global coverage across almost all of the markets that have a requirement for automation.”
NPM Capital’s Managing Director, Bart Coopmans, adds:
“NPM Capital has had a long-term focus with respect to investing in Vanderlande since the start in 1988. We have continuously supported investments in the organisation and its technological capabilities, resulting in Vanderlande’s current market-leading positions. The entry of Toyota as a strong strategic shareholder will enable Vanderlande to take the next step in its growth trajectory.”
Vanderlande’s CEO, Remo Brunschwiler, concludes, “Vanderlande is pleased to be acquired by such a successful, strategic partner. The financial strength behind TICO and its global presence will help our company to continue with its strategy of sustainable profitable growth.”
The transaction is subject to customary regulatory approvals and closing is expected during Q2 2017.
Related e-Commerce White Papers
The Five “New Rules” of 3PL e-Commerce Fulfillment
The purpose of this white paper is to spell out “The Five New Rules of 3PL e-Commerce Fulfillment.” rules and explain how they will benefit your 3PL warehouse, it also provides the guidance you need to help your 3PL e-Commerce fulfillment business prepare for future growth. Download Now!
Transform Global e-Commerce and Maximize the Customer Experience
Global e-commerce is growing in leaps and bounds, particularly in emerging markets, where consumers can find it hard to locate affordable imported products. Download Now!
Global E-Commerce Logistics 2016
The report contains Ti’s bespoke market size and forecasting data, as well as overviews of some of the world’s leading e-commerce businesses, such as Alibaba and Amazon. Download Now!
Precise Cross-Belt Sortation: Unlocking Efficient E-Commerce Distribution
In the burgeoning e-commerce market, speedy delivery and diverse offerings are customer expectations, and the ability to deliver these via a seamless customer experience will increasingly separate leaders from laggards. Download Now!
Five Ways to Optimize Your Distribution Center For E-Commerce Fulfillment
Today’s challenge has now become how to manage fast-moving inventory with enough precision to meet the expectations for prompt shipment of multiple small orders. Download Now!