Toyota completes acquisition of Vanderlande
18 May 2017
Toyota Industries Corporation's acquisition of Vanderlande - the global market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses - has been completed.
The acquisition, announced in late March, signifies TICO's strategic ambition to increase its presence in automated material handling, and it further cements the group's global leading position for total solutions within the sector.
Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide.