# Vanderlande to acquire Siemens Logistics for EUR 300 million

Vanderlande, owned by Toyota Industries Corporation, will acquire Siemens Logistics from Siemens AG for EUR 300 million. The deal is expected to close before the end of 2025.

- Type: Acquisition
- Announced: 2024-11-06
- Where: Munich, Germany, Germany
- Value: $327.0M (300.0M EUR)
- Status: announced
- Products: airport logistics solutions, baggage handling systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Toyota Industries Corporation](https://endata.com/companies/7152.md) (partner)
- [Vanderlande](https://endata.com/companies/16925.md) (acquirer)
- [Siemens Logistics](https://endata.com/companies/54629.md) (target)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/briefs.aspx?n=29679), 2024-11-06: "With this acquisition, Vanderlande is building a firm foundation for sustainable growth within the wider automated logistics market based on the strong and reliable contribution of its airport business."

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