M&A Deal Summary |
|
---|---|
Date | 2024-10-31 |
Target | Siemens Logistics |
Sector | Transportation |
Buyer(s) | Vanderlande Industries BV |
Sellers(s) | Siemens |
Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1949 |
Sector | Transportation |
Employees | 4,500 |
Revenue | 741M EUR (1970) |
Vanderlande is a provider of value-added logistic process automation at airports, and in the parcel market. The company is also a leading supplier of process automation solutions for warehouses. Vanderlande’s baggage handling systems move 3.7 billion pieces of luggage around the world per year, in other words 10.1 million per day. Its systems are active in 600 airports including 13 of the world’s top 20. More than 39 million parcels are sorted by its systems every day, which have been installed for the world’s leading parcel companies. In addition, many of the largest global e-commerce players and distribution firms have confidence in Vanderlande’s efficient and reliable solutions.
DEAL STATS | # |
---|---|
Overall | 6 of 6 |
Sector (Transportation) | 2 of 2 |
Type (Divestiture) | 1 of 1 |
Country (Germany) | 3 of 3 |
Year (2024) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-06-30 |
Optosecurity
Quebec City, Quebec, Canada Optosecurity is a software company offers the world’s first and most deployed remote screening solution of its kind to help airports reduce costs, increase throughput, and enhance security. |
Buy | - |
Category | Company |
---|---|
Founded | 1847 |
Sector | Diversified |
Employees | 320,000 |
Revenue | 77.8B EUR (2023) |
Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.
DEAL STATS | # |
---|---|
Overall | 27 of 27 |
Sector (Transportation) | 1 of 1 |
Type (Divestiture) | 23 of 23 |
Country (Germany) | 16 of 16 |
Year (2024) | 3 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2024-10-30 |
Altair
Troy, Michigan, United States Altair is a global technology company that provides software and cloud solutions in the areas of product development, high-performance computing, and data analytics. Altair was founded in 1985 and is based in Troy, Michigan. |
Buy | $10.0B |