# MHS and Fortna to combine to create logistics automation leader

MHS Global and Fortna will combine to form a multi-billion-dollar company providing parcel, warehouse, and distribution automation. THL will remain majority owner, and a subsidiary of ADIA will acquire a significant minority stake.

- Type: Acquisition
- Announced: 2022-04-18
- Where: Louisville, Kentucky and Atlanta, Georgia, United States
- Value: $4.00B
- Status: announced
- Products: material handling automation technology, warehouse and distribution software
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [MHS Global](https://endata.com/companies/62337.md)
- [Thomas H. Lee Partners](https://endata.com/companies/580.md) (investor)
- [Abu Dhabi Investment Authority](https://endata.com/companies/5100.md) (investor)
- [Fortna Group](https://endata.com/companies/34525.md) (partner)
- [Fortna Group](https://endata.com/companies/34525.md) (target)
- [THL](https://endata.com/companies/62351.md) (investor)

## Sources

- [thl.com](https://thl.com/articles/mhs-and-fortna-to-combine-to-create-global-ecommerce-and-logistics-automation-leader/), 2022-04-18: "MHS and Fortna will combine to form a multi-billion-dollar, multinational company providing parcel, warehouse and distribution, and lifecycle services."
- [robotics247.com](https://www.robotics247.com/article/mhs_global_fortna_merge_forming_materials_handling_multinational/mobile_robots), 2022-04-19: "MHS Global announced yesterday that it is merging with Fortna Inc. to form a multi-billion-dollar multinational providing parcel, warehousing and distribution, and lifecycle services."
- [freightwaves.com](https://www.freightwaves.com/news/mhs-fortna-merging-to-provide-end-to-end-solutions-globally), 2022-04-19: "MHS, one of the 10 largest materials-handling systems providers on the planet by worldwide revenue, will merge its automation technology with Fortna's warehouse and distribution software solutions."

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