Dematic acquires Upturn Solutions
Dematic, a supplier of systems for the factory, warehouse and distribution centers, today announces its acquisition of Upturn Solutions, a leading provider of Computerized Maintenance Management Systems (CMMS) designed for distribution, manufacturing and warehouse environments. The acquisition of the Bigfork, Montana-based Upturn enhances Dematic solutions and expands its capability into distribution center workflow, asset and inventory management, and preventative maintenance.
“The acquisition of Upturn Solutions supports our strategic mission to provide our customers with the critical business intelligence required today to streamline and automate their processes to improve work flow,” stated Ulf Henriksson, President and CEO, Dematic Group. “The integration of CMMS into our software offering will further enhance our ability to deliver robust order fulfillment solutions that provide competitive advantage for the diversified markets we serve including e-commerce, retail, apparel, healthcare, 3PL, food, beverage, parcel and manufacturing.”
The Dematic CMMS offering is a low cost, subscription-based service designed by maintenance people for maintenance people. The product offers the customer the ability to “pay as you go” rather than requiring a large upfront investment as with traditional CMMS.
John Baysore, President and CEO, Dematic North America stated, “In listening to our customers, we know they struggle with the upfront investment and usability of today’s CMMS offerings. Our acquisition of Upturn will allow Dematic to closely integrate and leverage the benefits of a streamlined maintenance management tool with our material handling knowledge at a very affordable price.”
The transaction was finalized Monday, December 23, 2013. The Bigfork office location will continue operations including research and development, sales and service.