Swisslog has bought Accalon, the manufacturer of conveyor systems and stacker cranes for warehouses, for an undisclosed sum.
“The acquisition of Accalon enables us to increase our competitiveness in the area of less complex projects, where conveyor systems and stacker cranes account for a large part of the added value, said Swisslog chief executive Remo Brunschwiler.
“As a supplier of integrated logistics solutions we had to purchase the hardware components from third parties. This regularly left us at a competitive disadvantage in that market segment.”
The acquisition will advance production of conveyor systems in China where Accalon already has a manufacturing site. Swisslog also expects the realization of synergies in the Scandinavian customer support business.
Accalon was part of the Swisslog Group from 1994-2000. Business relationships remained close even after Accalon split up from Swisslog in late 2000 by means of a management buy-out. The current management team will continue to lead the company, thus ensuring continuity at the top. Based on the common history and the long-term business ties, Brunschwiler expects a smooth integration of the two companies.