Storage Solutions, a Jungheinrich company, acquired Invar, marking another strategic milestone in Jungheinrich’s expansion in North America and enhancing its global footprint and automation business.
“Automation is one of the fastest-growing segments in material handling, and mobile AS/RS solutions are at the forefront of that growth. Therefore, the acquisition of Invar is an important strategic step to strengthen our U.S.-automation platform and showcases a great example of how our U.S. subsidiary Storage Solutions brings our strategy 2030-plus to life,” says Dr. Lars Brzoska, chairman of the board of management of Jungheinrich.
“We are excited to join forces with Storage Solutions and Jungheinrich,” says Ken Matson, president of Invar. “Our combined expertise and capabilities, as well as our shared commitment to quality, innovation, and customer-centricity, will enable us to accelerate innovation and deliver even greater benefits to our current and future customers.”
Key takeaways:
· Invar is an integrator and software specialist for warehouse automation, delivering tailored, automated solutions that combine consulting, design, simulation, project execution, and after-sales expertise with its proprietary warehouse execution system (WES).
· The combined expertise of both companies enables the efficient and scalable delivery of customized automation solutions. With a clear focus on mobile AS/RS, the integration positions Jungheinrich as one of the leading integrators in this segment in North America and beyond.
· By integrating Invar, Storage Solutions expands its operational footprint with two new locations in Atlanta, Georgia, and Erlanger, Ky., securing direct access to new customer segments and local integration capabilities tailored to the U.S. market.
