Family-owned Swiss materials flow systems company Ferag AG will acquire Australian warehouse automation software company dereOida.

The companies say their merged entity will be able to “create a comprehensive, single solution for all intralogistics requirements”.

The acquisition price was not disclosed.

Ferag chief executive Tommaso Ramundo says: “By combining the strengths of Ferag and dereOida, we are poised to deliver an even more comprehensive suite of solutions to our valued customers, reaffirming our commitment to excellence and quality in every aspect of our business."

The Australian company’s flagship product is doWarehouse, a system that provides a comprehensive view of all warehouse operations, allowing customers to integrate various hardware options.

Ferag, which has a presence in 18 countries, provides sorting, conveying, buffering and order fulfilment solutions to a diverse range of industries.

Karl Friesenbichler, chief executive of dereOida, says: “The synergy between our teams and the complementary nature of our offerings create a powerful force that will undoubtedly shape the future of our industry.”