Add-on Acquisition • Business Services

Kardex AG Acquires MLOG Logistics

On April 30, 2010, Kardex AG acquired business services company MLOG Logistics

Acquisition Context

This is Kardex AG’s 1st transaction in the Business Services sector.
This is Kardex AG’s 1st transaction in Germany.

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M&A Deal Summary
Date	April 30, 2010
Target	MLOG Logistics
Sector	Business Services
Buyer(s)	Kardex AG
Deal Type	Add-on Acquisition
Advisor(s)	C.W. Downer & Co. (Financial)

Target Company

MLOG Logistics

Neuenstadt, Germany

MLOG is a supplier of automated materials handling systems and stacker cranes. MLOG has over 40 years of experience as a system integrator for automated high-bay warehouses, specializing in green-field installations, warehouse refurbishment and after-sales service.

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Buyer Overview 1

Buyer

Kardex AG

Zurich, Switzerland

Category	Company
Founded	1448
Sector	Business Services

DESCRIPTION

The Kardex Group is a industry partner for intra-logistic solutions and a supplier of automated storage solutions and material handling systems. The Group consists of two entrepreneurially managed divisions, Kardex Remstar and Kardex Mlog. Kardex Remstar develops, produces and maintains shuttles and dynamic storage and retrieval systems and Kardex Mlog offers integrated materials handling systems and automated high-bay warehouses.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Germany	1 of 1
Year: 2010	1 of 1

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