Vanderlande is now part of Toyota Industries Corporation

Toyota Industries Corporation has completed its acquisition of Vanderlande, a global leader in value-added logistics process automation at airports and in the parcel market. 

Vanderlande is now part of Toyota Industries Corporation (TICO).

The acquisition, announced in late March, signifies TICO's strategic ambition to increase its presence in automated materials handling, and it further cements the group's global leading position for total solutions within the sector.
Vanderlande will retain its name and corporate identity as well as continue its operations as a standalone entity from the same locations worldwide.
 
On March 23, Toyota Industries Corporation signed an agreement with the ultimate shareholders of Vanderlande Industries Holding B.V. to acquire 100% of the shares of the company.

Founded in 1949, Vanderlande has expert capabilities in materials handling systems for the retail and parcel handling industries and is one of the world's foremost companies providing passenger baggage handling systems for airports. Vanderlande also develops and manufactures a full line of sorters, conveyors and other materials handling equipment and software, giving the company a competitive advantage in completing large-scale projects in short timeframes.

Vanderlande has 50 sites around the world and a staff of approximately 4,500 experienced in providing materials handling solutions to major customers in every industry.

Terms of the sale were not disclosed.