 Frank Haltermann, Jerker Hartwall and Gehard Habedank sign an agreement. |
Finnish logistics solutions provider K.Hartwall has acquired A&A Logistik-Equipment GmbH & Co. KG, a German company providing logistics equipment for various industries.
K. Hartwall was founded in 1932 in Söderkulla, Finland. It develops logistics solutions primarily aimed at retail companies, postal services and the automotive industry. Among K.Hartwall's customers are industry leaders like Schaeffler, Royal Mail, Havi Logistics and Bosch.
K.Hartwall operates in highly competitive global markets, where it says it succeeds by being close to its customers with innovative load carriers and services. The company has 160 employees.
A&A was founded in 1992 and is located in Heidenau, near Hamburg, Germany. The business is currently divided into two core segments: standard equipment and special projects for customers in various industrial segments. Since its foundation, the company has shown a strong focus on innovation, as shown in its latest product, the LiftLiner Tugger train system.
A&A, which employs 25 people, is a supplier of customised autonomous guided vehicles.
"The acquisition strengthens both parts of our business by widening our expertise and product range to offer better services to our customers. A&A has always been working on developing innovative solutions to help our customers to improve the workflow within their supply chain," says Frank Haltermann, CEO and co-owner of A&A.
"By putting together our strengths, we become a major global market player in materials handling equipment," says K. Hartwall CEO, Jerker Hartwall. "K.Hartwall's experience in lean logistics management and international trade gets combined with the A&A expertise. This will enable us to attract new customers and enter new markets as one strong, unified team. We are very proud of this step we are taking together.
"We are very pleased with our new acquisition as we share the same goal to facilitate efficient supply chains and improve distribution processes in manufacturing locations."