# Kardex acquires majority stake in Dutch robotics firm Robomotive

Kardex has acquired a majority share in Robomotive, a Dutch company specializing in smart robot technologies for order picking, including palletizing and item picking. The acquisition expands Kardex's intralogistics portfolio.

- Type: Acquisition
- Announced: 2020-05-18
- Where: Roermond, Netherlands
- Status: completed
- Products: robot technologies for order picking, Pickmate, ItemPicker
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Kardex](https://endata.com/companies/47300.md)
- [Kardex](https://endata.com/companies/47300.md) (acquirer)
- [Robomotive](https://endata.com/companies/47301.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/kardex-acquires-majority-share-in-robomotive/1dc874a9-b746-4ab8-a45e-5eb92dd46490_en), 2020-05-18: "Kardex has acquired the majority share in the Dutch company Robomotive."
- [cbinsights.com](https://www.cbinsights.com/company/robomotive), 2020-05-18: "On May 18, 2020 Kardex acquired a majority stake in Robomotive."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
