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Material Handling Systems (MHS) has entered into a definitive agreement to acquire VanRiet Material Handling Systems from Avedon Capital Partners and management. The acquisition aims to expand MHS's capabilities in parcel sortation and logistics.
Altendorf Group GmbH acquired Maschinenbau Hebrock GmbH and EBM Maschinenbau GmbH with effect from April 25, 2018. The purchase price is confidential.
Avedon Capital Partners acquired a majority stake in Wilhelm Altendorf GmbH & Co. KG, the globally leading manufacturer of saws for wood, metal and plastics processing, based in Minden, Germany. The transaction closed on October 6, 2017.