Material Handling Systems (MHS) entered into a definitive agreement to acquire VanRiet Material Handling Systems from Avedon Capital Partners and management.
Based in The Netherlands, VanRiet offers a complete range of automated sortation systems, integration and engineering services, sortation equipment and after-market services solutions to high-growth end markets with a focus on courier and express parcel, traditional postal, third-party logistics and warehouse and distribution customers.
“We look forward to welcoming VanRiet to the MHS family as we continue to expand the capabilities, product set and geographic reach of MHS,” says Tony Mouser, chief executive officer of MHS. “We believe VanRiet will provide MHS with a platform to support both companies’ customers with excellent products and services throughout the world.”
“Over the last 70 years, VanRiet has grown from a small family business into a leading global systems integrator by operating with the highest standards, while delivering our customers tailored solutions that address their most complex logistic challenges,” says Rik van den Boog, chairman and CEO of VanRiet. “We are very pleased to align ourselves with Tony and his talented team at MHS, and look forward to working alongside them as we continue to enhance our ability to meet a broader set of customer needs around the world.”