Acquisition in airport automation
Vanderlande has signed an agreement to acquire Siemens Logistics from the company’s current owner Siemens.
THE DEAL has received full approval and support from the Supervisory and Management Boards of both Vanderlande and its parent company Toyota Industries Corporation (TICO) as well as the Management Board of Siemens.
Siemens Logistics CEO Michael Schneider says: “Our innovative portfolio of high-performance hardware and software along with extensive offerings for smart services will perfectly complement Vanderlande's portfolio and continue to drive automation and digitalisation within the industry. A future joint set-up will offer our customers as well as our teams significant development and value-add potential.”
The transaction is subject to customary regulatory approvals, and closing is expected during the calendar year 2025.
