Jungheinrich to acquire Storage Solutions for $375M

Jungheinrich AG signed a binding share purchase agreement to acquire 100% of Storage Solutions, a provider of racking and warehouse automation solutions in the U.S., for approximately $375 million.

“Jungheinrich AG has signed a binding share purchase agreement with Merit Capital Partners, MFG Partners and the management of Indiana-based Storage Solutions group for the acquisition of 100% of the share capital in Storage Solutions.”eqs-news.com

• 3 sources
• eqs-news.comJungheinrich AG: Jungheinrich AG to acquire Storage Solutions group to add strategic foothold in fast-growing U.S. warehouse automation market | Ad-hoc - EQS NewsJan 25, 2023
• thescxchange.comJungheinrich buys Indiana warehouse automation vendor for $375 million | The Supply Chain XchangeBen AmesJan 25, 2023
• dcvelocity.comJungheinrich buys Indiana warehouse automation vendor for $375 million | DC VelocityBen AmesJan 25, 2023

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