Subscribe to our free, weekly email newsletter!


Permira funds complete acquisition of Intelligrated

Intelligrated, a leading North American-based provider of automated material handling solutions, services and products, announced that its acquisition by a holding company owned by the Permira funds has been successfully completed, in a transaction at a valuation in excess of $500 million.
By Modern Materials Handling Staff
August 02, 2012

Intelligrated, a leading North American-based provider of automated material handling solutions, services and products, announced on July 31 that its acquisition by a holding company owned by the Permira funds has been successfully completed, in a transaction at a valuation in excess of $500 million. Intelligrated will continue to be led by its founders, Chris Cole and Jim McCarthy, who have maintained a significant stake in the company as part of the transaction.

Intelligrated designs, manufactures and installs complete material handling automation solutions for the warehousing, distribution, consumer product manufacturing, postal and parcel markets. Solutions offered by Intelligrated include conveyor systems, sortation systems, palletizers and robotics, order fulfillment systems, warehouse control software and advanced machine controls. Intelligrated will remain headquartered in Mason, Ohio, a suburb of Cincinnati, and has operations throughout the United States and in Canada, Mexico and Brazil.

The Permira funds’ investment will support the company’s growth opportunities, including further penetration of its customer base in North America, emerging markets expansion in partnership with its global customers, increased product offerings and global capabilities through investment and selective M&A, and an enhanced focus on aftermarket services.

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

The new name better represents how the company strategically partners with customers on lifecycle planning to maximize return on investment.

PMMI used the EXPO PACK México stage to announce that beginning in 2017, EXPO PACK Guadalajara and EXPO PACK México will alternate years.

This one-day WERC educational and networking event will be held at the Grapevine Convention Center in Grapevine outside Dallas on Tuesday, October 13.

HyPulsion was founded by Plug Power and Air Liquide in 2012 to build the adoption of hydrogen and fuel cells in Europe. Plug Power is now poised to convert the $20 billion European material handling lift truck market to hydrogen fuel cell power.

Widely known as the “father of robotics,” Engelberger launched the world’s first robotics company, Unimation, in 1956.

Article Topics

News · Automation · Intelligrated · Permira · All topics


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