Acquisition of North American material handling provider
Dematic Group has announced it has completed the acquisition of HK Systems, a North American automated material handling and software solutions provider. This union was made final on 15 September 2010.
John K Baysore, Chief Executive Officer of Dematic in North America, will be responsible for leading and developing the combined company in the US and Canada.
Baysore will lead Dematic in the design, delivery and support of a robust and diversified solution offering to users.
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 fulfilment technology.
“Throughout the transition, customers will remain our top priority,” Baysore stated. “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.”
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