Subscribe to our free, weekly email newsletter!


Retrotech acquired by Savoye

Retrotech, a leading engineering services firm specializing in warehouse automation, was acquired in its entirety by a subsidiary of Groupe Legris, a $500 million diversified industrial company.
By Modern Materials Handling Staff
February 22, 2011

Retrotech has been acquired by French firm Savoye.  Retrotech, a leading engineering services firm specializing in warehouse automation was acquired in its entirety by a subsidiary of Groupe Legris, a $500 million diversified industrial company.  The DAK Group served as exclusive investment banker and financial advisor to the privately held Retrotech initiating the transaction and managing the divestiture process.

Retrotech, founded in 1985 outside Rochester, NY, is considered a pioneer in the modernization of existing warehouse handling systems and in the design, integration and installation of new projects.  Known for its strong representation in large scale distribution centers in the United States, particularly in the personal products, food & beverage and technologies industries, Retrotech’s customized solutions are in high demand to accommodate increasingly large numbers of SKUs, shortened delivery times, and objectives to reduce cost and human error while improving safety. Automated systems engineered by Retrotech enable more efficient use of existing warehouse space, and have been shown to reduce labor costs by up to 60 percent.

The acquisition marks a significant step in the global expansion strategy of Savoye, based in Rennes, France. Savoye, the European leader in the design and integration of equipment, systems, and software for warehouses and logistic centers, will now offer enhanced global engineering solutions, in addition to gaining an established footprint in North America. “Retrotech has earned a solid reputation for first rate engineering services and support that we can now offer to our North American customers,” says Jack LeVan, President of Savoye. “We look forward to building upon the Retrotech name and high level of service they provide.”

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 relationships between third-party logistics (3PL) service providers and shippers are seeing ongoing developments due in large part to the continuing emergence and sophistication of omni-channel retailing. That was one of the key findings of The 19th Annual Third-Party Logistics Study, which was released by consultancy Capgemini Group, Penn State University, and Korn/Ferry International, a global talent advisory firm.

Annual survey illustrates optimism resulting from increasing profits.

Serving primarily China and Taiwan, Tailift produces 28,000 forklifts annually.

Industrial barcode label printers are the gold standard for effective use of barcode technology to improve accuracy, reduce costs, and increase productivity in warehousing operations. Accuracy, costs, and productivity are the top concerns of companies with warehouses. As customer demands for perfect orders increases industrial barcode printers can produce the right barcode for the right products. As material costs increase these printers ensure minimal labor and physical space are required. And to improve labor productivity industrial barcode printers use good data to produce the right labels at the right time and place to keep product moving.

PECO Pallet is investing in technology and aiming at customers further up the supply chain to extend its reach.

Article Topics

News · Automation · All topics


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA