Subscribe to our free, weekly email newsletter!

Daifuku Webb Holding Company to acquire Wynright Corporation

Under the agreement, Wynright will operate as a wholly-owned subsidiary of Daifuku Webb.
By Modern Materials Handling Staff
August 14, 2013

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!

Recent Entries

When DCs, plants, or any industrial facility needs more space, there are two basic options: going "out" by acquiring or building additional facilities, or "going up" by maximizing the cubic volume of existing facilities

PMMI connects end users and suppliers as they adapt to changing consumer demands.

Deployment of automated storage & retrieval (AS/RS) solutions has been delivering impressive improvements in labor or space savings within facilities for decades.

The total number of October shipments at 913,543 was flat compared to September, which was consistent with growth patterns in recent years, with 2014 up 2 percent, 2013 up 3 percent, and 2012 down 1 percent.

The secret to successful distribution center design is planning to make material handling equipment and software flexible and scalable.

About the Author

Josh Bond, Senior Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA