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M&A Deal Summary

Krones AG Acquires System Logistics

On May 31, 2016, Krones AG acquired information technology company System Logistics

Acquisition Highlights
  • This is Krones AG’s 2nd transaction in the Information Technology sector.
  • This is Krones AG’s 1st transaction in Italy.

M&A Deal Summary
Date 2016-05-31
Target System Logistics
Sector Information Technology
Buyer(s) Krones AG
Deal Type Add-on Acquisition

Target

System Logistics

Fiorano Modenese, Italy
System Logistics S.p.A. is a provider of integrated systems for pallet and case picking operations, with solutions that include automated storage and case picking, laser guided vehicles, system vehicle loops (SVL), and complete WMS software solutions for automated warehousing.

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Buyer(S) 1

Buyer

Krones AG

Neutraubling, Germany
Category Company
Sector Machinery
DESCRIPTION

Krones AG is a manufacturer of fully integrated packaging and bottling line systems as well as integrated brew house and processing systems, IT solutions and warehouse logistics systems.

DEAL STATS #
Overall 5 of 11
Sector: Information Technology M&A 2 of 3
Type: Add-on Acquisition M&A Deals 4 of 9
Country: Italy M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-04 Gernep

Barbing, Germany

Gernep GmbH is a developer and manufacturer of labelling machines for a global set of customers in highly diverse sectors of the beverages, foodstuffs, pharmaceutical, chemical and cosmetics industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Trans-Market Sales & Equipment

Tampa, Florida, United States

Trans-Market Sales & Equipment, Inc. is a provider of complete process and mechanical design, implementation of process systems, equipment fabrication, installation, distribution, custom control and automation applications.

Buy -
Mergr

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