OTS - Körber acquires Centriq, a leading provider of voice-directed warehousing and modeling solutions (part 1)
2018. June 21. 17:30
Hamburg/Blackpool, 21 June, 2018 (APA/OTS) - Transaction covers
Centriq Group Ltd., including its voice solution business Voiteq
and modeling and simulation business Cirrus Logistics - Acquisition
establishes Körber's Business Area Logistics Systems as leading
company for implementation of voice technology in logistics -
Centriq provides Körber with strong market presence in the UK as
the basis to grow internationally
With the acquisition of Centriq Group Ltd., the international
technology group Körber reinforces its Business Area Logistics
Systems. The acquisition has been completed as of June 20, 2018.
Through its business Voiteq, Centriq is a leading provider of
solutions and services related to logistics, in particular focusing
on the voice solution market. Voiteq provides voice software
solutions and services with its product "VoiceMan". Centriq's
Cirrus Logistics subsidiary supplies software and services that use
advanced optimization and simulation techniques to develop and
execute supply chain strategies. Additionally, Centriq offers
services for their products: among others voice-as-a-service
subscription, supply chain consulting, implementation and
integration or logistics hardware consulting, design and site
surveys. Main customers for Centriq's products come from the food &
beverage, retail, and third party logistics (3PL) industries.
This acquisition complements Körber's existing strong North
American voice business, Vitech Business Group, and creates one of
the world's largest and most experienced Honeywell Vocollect voice
integration teams. The combined organization offers local and
global customers the widest range of proven products and services
to enable them to gain the substantial benefits of voice-directed
work. "With the successful acquisition of Centriq we have added
another key component to our logistics portfolio. Its excellent
team will enable us to strengthen our internationally leading
position in the SCM segment with access to multinational project
opportunities", emphasizes Stephan Seifert, Chairman of the Group
Executive Board at Körber AG. "Moreover, we will bring added value
to our existing and future customers as we will be able to offer a
more comprehensive product and service portfolio on a global scale."
Hubert Kloß, CEO of the Körber Business Area Logistics Systems,
adds: "Growth in
e-commerce and changing customer demands are putting a strain
on supply chains and driving a trend toward continuous process
improvements. Centriq is a major international player for products
that enable higher efficiency in warehousing with direct delivery
capability into global blue-chip organizations. The voice solutions
of Voiteq for example keep workers' hands and eyes free, improving
comfort, productivity and accuracy. This addition to our Business
Area will establish Körber Logistics Systems as one of the globally
leading suppliers of voice technology in logistics."
David Stanhope, CEO of Centriq Group, Ltd., says: "Speaking on
behalf of the whole management team at Centriq, we are very excited
about joining the successful Logistics Systems Business Area and
the Körber Group as a whole. For our team of technical experts that
serves some 300 clients at 500 sites with award-winning products
already, the prospect of joint further growth comes at the right
time." He further explains: "We estimate that more than 90% of
warehouses across the world are yet to adopt voice technology.
Together with the existing SCM portfolio of Körber Logistics
Systems, we will be able to strengthen our international platform
and - thanks to the integrated offerings portfolio - provide more
benefits for our customers."
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About Körber
Körber AG is the holding company for an international
technology Group with approx. 12,000 employees around the world.
The Group comprises leading-edge technology companies and more than
140 production, service, and sales entities. At locations around
the globe, Körber combines the benefits of a globally-present
organization with the strengths of highly-specialized, flexible,
medium-sized enterprises that offer their customers solutions,
products, and services in the Business Areas of Automation,
Logistics Systems, Machine Tools, Pharma Systems, Tissue, Tobacco,
Corporate Ventures and Körber Digital.
About Körber Logistics Systems
The Business Area Logistics Systems, belonging to the
international technology group Körber and based in Bad Nauheim,
Germany, is the leading provider of fully integrated applications
for the optimization of complex internal and external logistics
processes. Under the umbrella brand Körber Logistics, the Business
Area provides digital solutions for smart factories (production
logistics), warehouses, e-commerce, and the management of entire
supply chains. In three Business Units, the umbrella brand unites
the companies Aberle GmbH and Consoveyo S.A. (System Integration),
Langhammer GmbH and Riantics A/S (Product Solutions), Inconso AG,
Aberle Software GmbH, HighJump and DMLogic LLC (Software). They
offer an extensive range of products and services, from system
integration to technologies for storage, palletizing,
de-palletizing and conveyor systems, through to software.(continues)