Announced

Completed

Linde Material completed the acquisition of Pelzer Fördertechnik from Royal Reesink.

Synopsis

Linde Material, a manufacturer of material handling equipment and a provider of logistics solutions that optimise processes, completed the acquisition of Pelzer Fördertechnik, a wholesaler and supplier of materials handling and warehouse equipment, from Royal Reesink, a leader in distributing and supporting machinery and equipment for material handling. Financial terms were not disclosed. “Under the umbrella of Royal Reesink, Pelzer Fördertechnik developed into a strong local intralogistics provider, proudly representing the Linde brand in the important economical region North-Rhine-Westphalia. In view of the specific dealer landscape in Germany and changing customer requirements, we believe that the deal with Linde Material Handling will facilitate the further development of Pelzer Fördertechnik," Rogier van der Linde, Royal Reesink CEO.

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