Daifuku Webb Holding Company to acquire Wynright Corporation

Under the agreement, Wynright will operate as a wholly-owned subsidiary of Daifuku Webb.

By ·

Daifuku Webb Holding Company, a subsidiary of Daifuku Co., Ltd., and Wynright Corporation announced today that they have reached a definitive agreement for Daifuku Webb to acquire privately-owned Wynright.

Under the agreement, Wynright will operate as a wholly-owned subsidiary of Daifuku Webb. The acquisition is expected to be completed in the fourth quarter of 2013. Wynright is a U.S.-based provider of intelligent material handling systems, including leading-edge conveyor and sortation systems, voice- and light-directed order fulfillment technology, a suite of warehouse controls and execution software, robotics, mezzanines, and structures.

“The acquisition of Wynright will strengthen our business in North America and greatly improve the services and products we offer our customers, which is always our focus,” said Brian Stewart, chairman, president and CEO of Daifuku Webb Holding Company. “We have worked together with Wynright on several projects and have great respect for their expertise in designing, manufacturing, integrating and installing intralogistics solutions that are helping some of the world’s largest and fastest-growing companies.”

Wynright is headquartered in Elk Grove Village, Ill., just outside Chicago, and has regional offices and manufacturing locations throughout the U.S.

The acquisition of Wynright fits into Daifuku’s new corporate management plan, Value Innovation 2017, which started in April 2013. The plan outlines the company’s goals of increasing sales and operating margin, as well as enhancing its role as a true value innovator that provides the best solutions for its customers.

Representative comments on Daifuku Webb Holding Company’s planned acquisition of Wynright Corp.
Transaction to close before the end of the year.


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
Evaluating Goods-to-Person Technologies
This white paper overviews the various, self-contained, goods-to-person AS/RS systems available for handling the totes, cases and eaches most frequently faced by e-commerce order fulfillment operations, and the typical applications for each.
Download Today!
From the May 2017 MMH Issue
Every company considers itself an innovator. It’s time to include materials handling leaders in that category.
Top 20 Worldwide Materials Handling Systems Suppliers 2017
ERP Suppliers’ Changing Role
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
Materials Handling Innovation (and why it matters)
Every company considers itself an innovator. It’s time to include materials handling leaders in...
Thrive Market’s Startup Distribution Network
How does a fastgrowing, e-commerce startup company build out order fulfillment capabilities? Thrive...

U.S. Roadmap for Material Handling & Logistics: Version 2.0 released today
On Tuesday, the U.S. Roadmap for Material Handling & Logistics: Version 2.0 will be released on...
2017 Productivity Achievement Awards
Modern’s annual Productivity Achievement Awards honor companies that have made exceptional...