Datalogic to acquire Accu-Sort
Datalogic, which offers innovative solutions for a comprehensive range of applications in the manufacturing, transportation & logistics and retail industries, announced that yesterday it has entered into an agreement with certain subsidiaries of Danaher Corporation to acquire Accu-Sort Systems (and certain of its affiliates), a leading supplier of Automatic Identification (Auto-ID) products in the United States.
Mauro Sacchetto, CEO of Datalogic, stated: “This transaction doubles Datalogic Group’s presence in the Industrial Automation industry by positioning it in the high-end segment and by broadening the company’s competitive position in a highly fragmented market with great growth potential. Accu-Sort is complementary to the existing business of Datalogic and is a leading supplier with a widely recognized brand and long-term relationships with preeminent customers. Accu-Sort is financially sound, with an EBITDA margin that exceeds 19%, and highly focused on researching solutions and developing additional value for its customers. This acquisition, which perfectly fits our corporate strategy, complements and confirms Datalogic’s solid foundations and strong growth potential despite a very challenging economic environment”.
Founded in 1971 and based in Telford, Pennsylvania, Accu-Sort is a leader in the United States in the design, production, integration and maintenance of Automatic Identification (Auto-ID) systems, with revenues of approximately USD 92 million in 2010.
Accu-Sort employs approximately 250 employees, and has one production factory in the U.S., two research centers, one in the U.S. and one in Europe, and eight sales offices.
Thanks to a complete range of technical solutions, including Auto-ID products (laser and camera-based), dimensioning systems, print/apply solutions, small items sortation systems and system integration capabilities, Datalogic, through this acquisition, extends and integrates its range of products and expands its position in the transportation & logistics industry.
With approximately 79% of its revenues generated in the United States, Accu-Sort offers integrated solutions in the high-end segment thanks to long-term relationships with primary retailers, international couriers and system integrators.
In addition to having a significant intellectual property portfolio (consisting of approximately 80 patents, 57 of which registered in the U.S.), Accu-Sort can count on solid relationships with preeminent customers, strong competitive positioning and increased brand awareness.
Datalogic Group is a global leader in Automatic Data Capture and Industrial Automation. As a world-class total solutions provider and producer of bar code readers, data collection mobile computers, RFID and vision systems, Datalogic offers innovative solutions for a full range of applications in the manufacturing, retail and transportation & logistics industries.