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Noblelift to acquire French automation firm Savoye for $61M · Endata

◂ Announcements

Material Handlingworld trade 2024+4.6% 5Y CAGR

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Jul 1, 2019ACQUISITIONFrance

Noblelift to acquire French automation firm Savoye for $61M

Noblelift Intelligent Equipment plans to invest CNY419 million (USD61 million) to acquire Savoye, a French producer of automation programs for distribution centers. The acquisition will give Noblelift access to Savoye's cold chain technology and logistics management software.

Value

$61.0M (419.0M CNY)

Status

Announced

Productsautomation programs for distribution centerscold chain technologyparts-to-picker sorting systemlogistics management software

CompaniesSavoye target Noblelift Intelligent Equipment acquirer

Sectors#Material Handling #Automation and Robotics

“The Zhejiang-based firm will buy the company from an investment fund in which it owns a near 30 percent stake, the soon-to-be new owner said in a statement yesterday.”yicaiglobal.com

1 source
yicaiglobal.comListed Chinese Forklift Maker to Acquire French Automater SavoyeTang ShihuaJul 2, 2019

Summarized from public sources; check the original articles before acting on it.

More from Savoye

Nov 21, 2023CONTRACTRiyadh, Saudi Arabia
Savoye wins contract to automate iHerb distribution center in Riyadh
Savoye CJ Logistics customer transportandlogisticsme.com globalsupplychainme.com logisticsgulf.com
May 12, 2022EXPANSIONWorksop, UK, United Kingdom$12.3Mops 12 May 2022
Logistex completes £10M automated shuttle system for B&Q at Worksop NDC
Wincanton partner B&Q customer warehousenews.co.uk
Dec 16, 2021NEW FACILITYAurora, Illinois, United States
Savoye opens North American headquarters and manufacturing facility in Aurora, Illinois
Savoye businesswire.com mmh.com
Jun 28, 2019ACQUISITIONDijon, France$61.0M
Noblelift to acquire SAVOYE for 419 million yuan
Noblelift acquirer Savoye target yicai.com
Oct 30, 2018ACQUISITIONFrance$36.0M
Noblelift completes acquisition of Savoye from Legris Industries
Savoye target Noblelift Intelligent Equipment acquirer marketscreener.com
Jun 1, 2018ACQUISITIONDijon, France, France
Noblelift acquires French intralogistics company Savoye
Noblelift acquirer Savoye target forkliftaction.com materialfluss.de

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