Announced
Financials
Sources
Tags
internal transport
automated storage
Transportation Services
Netherlands
Private
Disposal
Private Equity
Single Bidder
Completed
Friendly
Synopsis
Material Handling Systems, a provider of advanced parcel sortation systems, engineering and equipment, completed the acquisition of VanRiet, a provider of integration systems, equipment, and after-market services solutions, from Avedon. Financial terms were not disclosed. “We look forward to welcoming VanRiet to the MHS family as we continue to expand the capabilities, product set and geographic reach of MHS. We believe VanRiet will provide MHS with a platform to support both companies’ customers with excellent products and services throughout the world,” Tony Mouser, MHS CEO.
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