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
- Industry
- Logistics & Distribution
- Location
- Germany
- Transaction Type
- Divestiture
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