Exotec marks milestone

News Story
- 12 Oct 2023 ( #1149 ) - Lille, France
1 min read
Exotec won a contract with Ceva Logistics in the Netherlands
Exotec won a contract with Ceva Logistics in the Netherlands

Warehouse robotics maker Exotec is celebrating reaching more than 100 customer sites globally.

The company says it’s also on track to increase its worldwide employee headcount by 80% by next year as it continues to expand across the Asia-Pacific region, Europe and North America.

Exotec chief executive and co-founder Romain Moulin says: “Reaching more than 100 customer sites signals an important milestone for our business and the momentum of the warehouse robotics category.

“Leading brands trust Exotec not only to improve operational efficiency and augment their human workforces in the warehouse but use it as a driving force to reinvent their entire supply chains.”

Ceva Logistics ordered 57 Exotec robots to two sites in the Netherlands earlier this year, while office supply distributer Lyreco added Exotec products to its distribution centre in France.

This year Exotec has also won contracts to supply warehouse robots to facilities in Poland, South Korea and Japan.

In North America, Exotec has more than 20 customers, including leading brands Gap, Ariat and Decathlon.

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In this week’s Forkliftaction News , we look at more financial reports with one major producer recording a “significant” decline in Q2 bookings to report an operating loss of USD8.5 million, while another had a strong quarter “despite increased trade tensions and a challenging geopolitical landscape”... Continue reading

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