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
Hydrogen, the Future of Materials Handling
Large, successful organizations are integrating hydrogen fuel cell technology into their lift truck fleets and benefiting from lower operational costs, reduced emissions and improved reliability.
Download Today!
From the October 2016 Issue
Brownells’ new Iowa distribution center has taken touches—and miles—out of the order fulfillment process and increased throughput with near 100% accuracy.
System Report: Brownells new DC is flexible and responsive
Pallet Usage Report: Pallets Remain Critical in the Modern-Day Warehouse
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Pallets: Supporting Product, Processes and the Enterprise
The smallest leak in performance or cost can bring a lean, nimble and speedy supply chain to a halt. During this 30-minute webcast we'll examine how Modern's readers use pallets to keep the wheels turning as they maneuver a road filled with sharp edges and potholes.
Register Today!
Modern Materials Handling’s 2017 Casebook Collection
The 2017 Casebook features more than 35 case studies that put the spotlight on successful innovation...
Brownells: Designing for Efficiency and Growth
Brownells’ new Iowa distribution center has taken touches—and miles—out of the order...

Industry celebrates National Manufacturing Day
Fourth annual Manufacturing Day is a grassroots effort by U.S. manufacturers to improve the public...
American Eagle Outfitters’ omni-channel journey
The fashion retailer has used warehouse execution software and automation to create a true...