Krones has purchased 60% of the shares in System Logistics, which the latter is an Italian supplier of solutions for intralogistics, material flow technology, and warehousing.
A majority of the customers come from the food and beverage industries.
In 2015, the company achieved a turnover of about €100 million (US$112.8 million), with a workforce of more than 250 employees.
Krones is financing the acquisition with existing liquid funds.
The family-owned System Logistics develops almost all system solutions itself, including the software, so that the entire process know-how is anchored inside the firm.
The product portfolio of System Logistics includes also automated storage and retrieval systems including stacker cranes, mini-loads, material handling systems as well as automated guided vehicles.
By acquiring a majority holding in System Logistics, Krones is enhancing its competences in the field of intralogistics, particularly in terms of automated order-picking systems, and is taking a major step forward in covering the important material and data flows along the entire value creation chain.
System Logistics will be part of Krones’ ‘Machines and Lines for beverage production/Process Technology’ Segment.
