# Ancra Cargo and Ancra Systems to merge operations

Ancra Cargo and Ancra Systems BV, sister companies owned by The Heico Companies, will consolidate operations under Ancra Cargo to expand North American infrastructure and European market presence. The merger is expected on May 1, 2023.

- Type: Acquisition
- Announced: 2023-04-18
- Where: United States
- Status: announced
- Products: load securement systems, automatic truck loading/unloading systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [The Heico Companies LLC](https://endata.com/companies/20301.md) (investor)
- [Ancra Systems B.V.](https://endata.com/companies/20302.md) (target)
- [Ancra Cargo](https://endata.com/companies/69810.md) (acquirer)

## Sources

- [truckpartsandservice.com](https://www.truckpartsandservice.com/business/mergers-acquisitions/article/15383245/ancra-cargo-and-ancra-systems-announce-merger-plans), 2023-04-18: "We are very excited to consolidate with Ancra Systems BV and for the opportunities that it will provide for each company."

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