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Material Handling Headlines

Intelligrated Acquires FKI

- 5/28/2009
Cincinnati, OH – Intelligrated and FKI Logistex Group Limited announced the signing of a definitive agreement to combine the two businesses. Under terms of the agreement, Intelligrated will purchase the FKI Logistex operations located in North and South America from Melrose plc, a UK–based specialist manufacturing investment group. The combined company will continue to manufacture and support its Crisplant brand loop sorters, Alvey brand palletizers, Real Time Solution fulfillment systems as well as other products and services traditionally offered by both Intelligrated and FKI Logistex.

Intelligrated will maintain its headquarters in Cincinnati and will have sales offices and operations in 10 states, including sizeable operations in Canada and Mexico, and manufacturing plants in Ohio, Missouri and Kentucky. Intelligrated will also have key systems operations in California and Maryland.

“This agreement signals a new era for us all, bringing together our respective resources, technologies and expertise, becoming the leading single-point provider of automated material handling solutions,” said Stephen Ackerman, president, FKI Logistex, who is continuing in a senior leadership role in the combined company. “Importantly, our customers will remain our top priority as we seek to execute a seamless transition.”

Read the full press release on Intelligrated's Web site.

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