Duravant to acquire specialised conveyor firm Motion06
19 June 2019
The global engineered equipment and automation solutions provider has signed a deal to acquire Motion06, a manufacturer of machines and components for conveyor systems.
The transaction is subject to the approval of antitrust authorities. Headquartered in Lengau, Austria, Motion06 specialises in the design, production and sale of high performance belt conveyor technology; prominently featuring a belt curve conveyor for eCommerce, parcel distribution centres, airport baggage handling systems, and other industrial applications.
Founded in 2006, the company has conveyor modules and components in operation at more than 65 airports worldwide and has provided conveying solutions to eCommerce, parcel and distribution giants around the globe. With locations and joint ventures in Austria, Singapore and China, Motion06 expands Duravant’s footprint in Europe and Asia.
Mike Kachmer, president and CEO of Duravant, says: “We could not have imagined a more complementary partnership than Motion06 when considering the existing portfolio within the Duravant family of operating companies. Our team is extremely excited about the immediate accelerated growth opportunities this new relationship provides.”
The transaction brings together two global engineered equipment leaders with complementary products, applications and connectivity solutions. The companies’ combined expertise in automation solutions, and commitment to innovation, coupled with longstanding industry relationships, expands their ability to deliver material handling solutions.