Add-on Acquisition • Software

Dematic Acquires Digital Applications International

On March 3, 2020, Dematic acquired software company Digital Applications International

Acquisition Context

This is Dematic’s 4th transaction in the Software sector.
This is Dematic’s 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	March 3, 2020
Target	Digital Applications International
Sector	Software
Buyer(s)	Dematic
Deal Type	Add-on Acquisition

Target Company

Digital Applications International

London, United Kingdom

Digital Applications International Ltd. is a software company specializing in logistics automation solutions. The company is a specialist in sectors, with an in-depth knowledge of particular technologies. It always looks to deliver solutions based on standard products, be that driven by Matflo, or other market-leading third party offerings.

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Buyer Overview 1

Buyer

Dematic

Atlanta, Georgia, United States

Category	Company
Founded	2006
Sector	Machinery
Employees	6,000
Revenue	800M EUR (2013)

DESCRIPTION

Entrance to Dematic's corporate headquarters in Grand Rapids, Michigan.

Dematic is a global provider of logistics automation equipment with a focus on distribution and industry applications. Dematic Corp. was formed in 2006 and is based in Atlanta, Georgia.

Deal Context for Buyer	#
Overall	6 of 6
Sector: Software	4 of 4
Type: Add-on Acquisition	6 of 6
Country: United Kingdom	1 of 1
Year: 2020	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-03-21	NDC Automation Pty. Frenchs Forest, Australia NDC Automation Pty. Ltd. is a provider of automated guided vehicles (AGVs) and software in Australia and New Zealand.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-03-21

NDC Automation Pty.

Frenchs Forest, Australia

NDC Automation Pty. Ltd. is a provider of automated guided vehicles (AGVs) and software in Australia and New Zealand.

Buy

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