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Synopsis
MotionTech, an automation partner specializing in supply chain solutions for production, warehousing, and intralogistics, completed the acquisition of Kairos Global, an equipment manufacturer. Financial terms were not disclosed. “We are very pleased to join MotionTech’s entrepreneurial group of companies, and believe it’s a perfect platform to meet the increasing market demand for our products outside of the Asia-Pacific region. By utilising existing infrastructure within the group, we will be able to ensure our valued global customers a quality product with matching service and support in a more efficient and timely manner across all continents,” Steve King, Kairos Global Founder and Managing Director.
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