Supplier Spotlight

USPS has released revenue figures for the second quarter of 2018, which revealed the postal operator's shipping and packages revenue grew by US$445m or 9.5% (read more here). But how many more parcels did the operator handle between January 1 and March 31, 2018?

News

Vanderlande board approves Toyota Industries takeover

Toyota Industries Corporation (TICO), a Japanese manufacturer of forklift trucks and the parent company of Toyota Motors, has announced the acquisition of Vanderlande, a provider of automated material handling solutions for airports and the parcel delivery market.

The acquisition has been fully approved by the Vanderlande board, paving the way for TICO to complete the purchase from the current owner, NPM Capital. Vanderlande will retain its name and corporate identity, and will continue operating as a standalone entity. The transaction is subject to regulatory approvals and expected to be finalized during Q2 2017.

TICO celebrated its 90th anniversary in 2016 and currently employs more than 51,000 members of staff globally. In the same financial year, the company achieved turnover of €16.8bn (US$18.1bn), with material handling representing 45% of its total business. In February 2016, TICO announced the acquisition of Bastian Solutions, a material-handling firm in North America.

Norio Wakabayashi, managing officer for TICO and the designated chairman of Vanderlande’s supervisory board, said, “Vanderlande complements our current offering by providing a full range of integrated automated material handling solutions. We also see a strong strategic match in our extensive sales and service networks. This acquisition creates even better global coverage across almost all of the markets that have a requirement for automation.”

Bart Coopmans, managing director, Bart Coopmans, NPM Capital, said, “NPM Capital has had a long-term focus with respect to investing in Vanderlande since the start in 1988. We have continuously supported investments in the organization and its technological capabilities, resulting in Vanderlande’s current market-leading positions. The entry of Toyota as a strong strategic shareholder will enable Vanderlande to take the next step in its growth trajectory.”

Remo Brunschwiler, Vanderlande’s CEO, added, “Vanderlande is pleased to be acquired by such a successful, strategic partner. The financial strength behind TICO and its global presence will help our company to continue with its strategy of sustainable profitable growth.”

March 23, 2017


Video Exclusives


Starship drones deployed at Intuit campus in California

Autonomous drone developer Starship Technologies has completed the installation of delivery robots at a work campus for US financial software company Intuit in California.

01 May, 2018

Tompkins launches autonomous robotic sorting system

Technology developer Tompkins Robotics has partnered with IT provider Lab Z to launch its t-Sort portable, automated sortation system. The new solution uses a network of automated drones fitted with tilt trays to harmoniously sort parcels and packets into dedicated containers.

30 January, 2018

RECEIVE THE
LATEST NEWS


Your email address:



Read Latest Issue

Read Latest Issue

Exclusive Articles

Mark Bigley, CEO at Secured Mail, explores how supplier collaboration across retail delivery and fulfilment is a must for next-level service. May 21, 2018
Click here to read more


The John Lewis Partnership may fervently deny it held talks with Amazon about selling its Waitrose grocery stores – but whether it likes it or not, there’s no denying their acquisition would be a big win for Amazon. ParcelHero’s head of consumer research, David Jinks MILT, reveals why buying Waitrose would boost Amazon’s fresh food supply chain and create even more Amazon Prime members. May 15, 2018 
Click here to read more


Postal and Parcel Technology International talks to Frank Cianciullo about what opportunities posts in developing countries have when it comes to investing in automation technology. April 11, 2018
Click here to read more


Analysis

Mark Bigley, CEO at Secured Mail, explores how supplier collaboration across retail delivery and fulfilment is a must for next-level service. May 21, 2018
Click here to read more


The John Lewis Partnership may fervently deny it held talks with Amazon about selling its Waitrose grocery stores – but whether it likes it or not, there’s no denying their acquisition would be a big win for Amazon. ParcelHero’s head of consumer research, David Jinks MILT, reveals why buying Waitrose would boost Amazon’s fresh food supply chain and create even more Amazon Prime members. May 15, 2018 
Click here to read more


Digital freight platforms are popping up all over the place, but do they offer any advantages over the legacy systems? May 14, 2018
Click here to read more



Supplier Spotlight

Supplier SpotlightClick here for listings and information on leading suppliers covering all aspects of the postal technology industry. Want to see your company included? Contact helena.hunt@ukimediaevents.com for more details.

Submit your industry opinion

Industry BlogDo you have an opinion you'd like to share with the postal technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to helen.norman@ukimediaevents.com

Submit Your Recruitment Ad

Recruitment AdTo send us your recruitment advertising or to receive information on placing a banner please email helena.hunt@ukimediaevents.com