Daifuku Webb Group announces acquisition of Elite Line Services

Acquisition of Texas-based airport services provider would expand baggage handling business.
By Modern Materials Handling Staff
September 06, 2012 - MMH Editorial

Daifuku Webb Holding Company, a subsidiary of Daifuku Co., Ltd., has reached an agreement with G&T Conveyor Company, Inc., to purchase all of the equity of Elite Line Services, LLC (ELS). G&T is majority owned by Brynwood Partners IV L.P., a private equity fund.  ELS will operate as a wholly-owned subsidiary of Daifuku Webb within the Daifuku Group. The transaction is subject to final governmental approval under CFIUS regulations and is expected to be completed in the fourth quarter of fiscal 2012.

“The acquisition of ELS, one of the largest airport service providers in the U.S., will help us increase our baggage handling business by allowing us to offer comprehensive support and maintenance,” said Brian Stewart, President & Co-CEO of Daifuku Webb Holding Company. “It also shows our commitment of providing the best baggage handling systems and service in the industry.”

ELS has more than 800 employees that provide operations and maintenance support for baggage handling systems, passenger boarding bridges and ground support equipment. It is headquartered in Carrollton, Texas, and operates in over twenty of the nation’s busiest airports.

In April 2010, Daifuku Co., Ltd. launched a three-year business plan called “Material Handling and Beyond,” where it expressed a commitment to position the airport baggage handling business as one of its core businesses. Jervis B. Webb Company, a subsidiary of Daifuku Webb, provides airport baggage handling systems primarily in North America. In 2011, the Group completed the purchase of Logan Teleflex, another leading baggage handling company with locations in the United Kingdom, France and the U.S.



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

MHI announced the MHI 2015 Innovation and Young Professional Award winners last night at their 70th Anniversary Celebration during ProMat 2015.

Today marks the conclusion of ProMat 2015, four days of comprehensive problem solving and networking to provide solutions to the complex manufacturing and supply chain challenges faced by industry today.

With a record 155,000 square feet of exhibit space reserved by nearly 350 companies back in December 2014, Modex 2016 will continue the show’s expansion in both solution offerings and popularity.

Doosan (Booth 662) highlighted the new BR18/20SP-7 narrow aisle reach truck, its first product in the class. It also showcased its first engine, which replaced third-party engines and is now used in all Doosan products.

During Wednesday’s afternoon keynote address, Apple co-founder Steve Wozniak, affectionately known as “The Woz,” suggested the future of technology now is every bit as uncertain to him as it was 30 years ago.

Article Topics

News · Conveyors · Daifuku Webb · Business · All topics

About the Author

Josh Bond, Associate Editor
Josh Bond is an associate editor to Modern. Josh was formerly Modern’s lift truck columnist and contributing editor, has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce. Contact Josh Bond

Comments

Post a comment
Commenting is not available in this channel entry.


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