Vanderlande to Acquire Siemens Logistics from Siemens

October 31, 2024

Dutch logistics automation specialist Vanderlande has signed an agreement to acquire Siemens Logistics from German technology company Siemens. The deal — approved by the management and supervisory boards (including Vanderlande’s parent Toyota Industries Corporation) and subject to regulatory approvals — will expand Vanderlande’s airport baggage, cargo handling and digital solutions capabilities and is expected to close next year.

Buyers
Vanderlande
Targets
Siemens Logistics
Sellers
Siemens
Location
Germany
Transaction Type
Divestiture

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