Logistics provider Vanderlande has announced its acquisition of Spanish-based Dinamic Industrial Business.
In a statement, Vanderlande said that the acquisition forms a 'key part of its ongoing strategy for profitable growth in Europe and the US'.
The takeover of the Spanish company extends Vanderlande’s manufacturing capacity and adds a number of new products to its distinctive product portfolio. Dinamic has had a longstanding working relationship with Vanderlande.
A new company, Vanderlande Industries Santpedor S.L., will be established in Santpedor, Spain, to continue expanding the manufacturing facilities, and developing and selling new and existing products. These include the Scannojet tray-return system – an automated security-check system for hand-baggage inspection – as well as its Beltcurve and extendable conveyors.
As part of the agreement, Vanderlande has also acquired Dinamic Manufacturing USA, Inc., which will be renamed Vanderlande Manufacturing USA, Inc.
“The acquisition of Dinamic manufacturing facilities fits perfectly within Vanderlande’s business development strategy and supports our growth ambitions in both Europe and North America," commented Vanderlande chief executive Govert Hamers.
"The Scannojet, Beltcurve and extendable conveyors are examples of the new opportunities that this takeover will bring to our expanding portfolio of material-handling solutions.”
© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Jenny Zilligen.