# Alstef Group acquires Solution Net Systems

Alstef Group has finalized the acquisition of Solution Net Systems (SNS), a US-based provider of automated parcel handling and warehouse automation solutions, to expand its global footprint and parcel handling automation division.

- Type: Acquisition
- Announced: 2023-04-06
- Where: Quakertown, Pennsylvania, United States
- Status: completed
- Products: automated parcel handling systems, warehouse automation solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Alstef](https://endata.com/companies/18344.md) (acquirer)
- [Solution Net Systems](https://endata.com/companies/69592.md) (target)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/alstef-acquires-solution-net-systems.aspx?n=26847), 2023-04-06: "The acquisition of SNS extends Alstef Group’s global footprint and harmonises our existing range of products and services in our parcel handling automation division."
- [parcelandpostaltechnologyinternational.com](https://www.parcelandpostaltechnologyinternational.com/news/automation/alstef-group-acquires-usa-based-logistics-automation-leader-solution-net-systems.html), 2023-05-05: "Global materials handling specialist Alstef Group has finalized the acquisition of Solution Net Systems (SNS), a USA-based leader in automated parcel handling systems and warehouse automation 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.