# Kion Group acquires Digital Applications International for €120 million

Kion Group, parent company of Dematic, completed the acquisition of UK-based software company Digital Applications International for about €120 million, its largest investment since acquiring Dematic in 2016.

- Type: Acquisition
- Announced: 2020-06-09
- Where: UK, United Kingdom
- Value: $135.6M (120.0M EUR)
- Status: completed
- Products: logistics automation software
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [KION Group](https://endata.com/companies/16287.md) (acquirer)
- [Digital Applications International](https://endata.com/companies/45660.md) (target)

## Sources

- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/tag/supply/page/16/), 2020-06-10: "Intralogistics technology provider Dematic says that its parent company, Kion Group, has completed the acquisition of Digital Applications International, a UK-based software company specializing in logistics automation solutions, on its behalf."

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