Toyota Industries Corporation (TICO) completes acquisition of Vanderlande
Following its acquisition of Bastian, TICO continues its strategy to increase its presence in automated material handling.
Latest Material Handling News
Beckhoff USA opens new office in Austin, Texas ASME Foundation wins grant for technical workforce development Walmart chooses Swisslog AS/RS and software for third milk processing facility Lucas Watson appointed CSO for Körber’s Parcel Logistics business in North America 60 Seconds with Bob Trebilcock, outgoing executive editor, Modern Materials Handling More AutomationToyota Industries Corporation has completed its acquisition of Vanderlande, a global market leader for value-added logistic process automation at airports, the parcel market, and warehouses.
Originally announced in March, it has been confirmed that, as of today, Vanderlande is now officially part of the TICO group. The transaction signifies TICO’s strategic ambition to increase its presence in automated material handling.
Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide.
Vanderlande is a leading supplier of process automation solutions for warehouses in the e-commerce, food retail and fashion sectors. Its sorters handle more than 20 million parcels per day, and the company’s baggage handling systems move 10 million items per day in 600 airports including 14 of the world’s top 20.
Established in 1949, Vanderlande has more than 4,700 employees and turnover of more than one billion euros.
Article Topics
Automation News & Resources
Beckhoff USA opens new office in Austin, Texas ASME Foundation wins grant for technical workforce development Walmart chooses Swisslog AS/RS and software for third milk processing facility Lucas Watson appointed CSO for Körber’s Parcel Logistics business in North America 60 Seconds with Bob Trebilcock, outgoing executive editor, Modern Materials Handling Kathleen Phelps to join FORTNA as chief financial officer Coles automates grocery distribution in Australia More AutomationLatest in Materials Handling
Beckhoff USA opens new office in Austin, Texas Manhattan Associates selects TeamViewer as partner for warehouse vision picking ASME Foundation wins grant for technical workforce development The (Not So) Secret Weapons: How Key Cabinets and Asset Management Lockers Are Changing Supply Chain Operations MODEX C-Suite Interview with Harold Vanasse: The perfect blend of automation and sustainability Consultant and industry leader John M. Hill passes on at age 86 Registration open for Pack Expo International 2024 More Materials HandlingSubscribe to Materials Handling Magazine
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.
April 2024 Modern Materials Handling
Latest Resources
