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Dematic

From Wikipedia, the free encyclopedia
American supplier
Dematic
IndustryMaterial handling,Logistics automation,Software
HeadquartersAtlanta, Georgia United States
Area served
Worldwide
Key people
Michael Larsson (President, KION Executive Board Member)
Number of employees
more than 10,000 worldwide

Dematic is an American supplier of materials handling systems, software and services. With a growth rate of 21.2% in 2021 Dematic was listed as the world's second-largest materials handling systems supplier with a revenue of 3.2 billion USD.[1] The company employs over 10,000 people and has engineering centres and manufacturing facilities in theUnited States,Germany,United Kingdom,Mexico,Australia,Belgium,China,Italy,Spain,France,Lithuania andCzech Republic. Its customer base includes small, medium and large companies in several other countries across six continents.

Since November 2016 Dematic has been a member ofKION Group.[2] Dematic's headquarters are located inAtlanta, Georgia.

History

[edit]

Dematic began in 1819 inWetter, Germany with the founding of Mechanische Werkstätten Harkort & Co, which was incorporated intoDeutsche Maschinenbau-Aktiengesellschaft (Demag) in 1910, then acquired byMannesmann in 1973. After the acquisition of U.S. Rapistan (specialised in conveyor systems),Mannesmann Demag Fördertechnik AG was established in 1992. In 1993, Australian racking and shelving manufacturer Colby was added, and in 1997 the company was renamed to Mannesmann Dematic AG. Four years later,Siemens bought the company[3] and merged it with its own logistics activities to form Siemens Dematic AG. In 2006 Siemens carved out the industrial and distribution logistics portion as Dematic GmbH & Co. KG. In the same year, the investment firm Triton acquired the majority of shares.[4]

On December 28, 2012, AEA Investors LP ("AEA") and Teachers' Private Capital ("TPC"), the private investment division of the Ontario Teachers’ Pension Plan, completed their acquisition of Dematic from private equity firm Triton.[5]

In February 2016, Dematic announced the relocation of its manufacturing operations in Grand Rapids to its facility in Monterrey, Mexico.[6]

In June 2016, KION Group agreed to buy Dematic for about $2.1 billion.[7] In November 2016,KION Group completed the acquisition.[8]

On March 13, 2017, Dematic announced the integration of Egemin Automation to create the world's leading provider of automated guided vehicle technology.[9]

In January 2024, Michael Larsson was announced as President of Dematic after former President, Hasan Dandashly, retired.[10]

In April 2024, Dematic expanded its operations in North Asia with a new office in Taoyuan City, Taiwan, to better serve industries such as retail, e-commerce, and logistics.[11]

In December 2024, Dematic opened a new office in Riyadh, Saudi Arabia, to enhance service capabilities in the Middle East.[12]

Acquisitions

[edit]

On September 15, 2010, Dematic Group successfully completed the acquisition of HK Systems, a North American automatedmaterial handling and software provider.[13] The expanded manufacturing footprint allows Dematic to manufacture within the USAstorage and retrieval machines andautomated guided vehicles in addition toconveyor, sortation andorder fulfillment technology.

In January 2015, Dematic acquired SDI Group Europe, a supplier of garment on hanger and flat sorter technology in Europe.[14]

In November 2015, Dematic acquired Reddwerks Corp. pending approval of the shareholders.[15] The acquisition became final in December 2015.[16]

In March 2016, Dematic acquired NDC Automation, a provider of automated guided vehicles and software.[17]

In March 2020, Dematic acquired Digital Applications International (DAI), a logistics software firm, for approximately $134 million.[18]

Business segments

[edit]

Primary markets for Dematic systems include e-Commerce, grocery food and beverage, general retail, wholesale, manufacturing, apparel, parcel, pharma/healthcare,third-party logistics (3PL), and document management (integrated or automated library systems[19][20]).

Products and services

[edit]

Dematic designs and manufactures individual products andmaterial handling equipment such asautomated storage and retrieval systems (AS/RS) and different types ofconveyors, sortation systems andorder picking systems.[21] Dematic also offers consultative, planning, and design services.[22] In addition, the company provides software likewarehouse management systems and systems that supportmaterial flow and paperlessorder picking operations. Dematic also offers customer services such as the technical operation of facilities and their maintenance, including complete enterprise asset management.[23]

References

[edit]
  1. ^"Top 20 systems suppliers, 2021".www.mmh.com. Retrieved2021-04-12.
  2. ^"KION completes its acquisition of Dematic".www.logisticsmgmt.com. Retrieved2017-04-12.
  3. ^"Commission gives Siemens conditional go-ahead to take control of Mannesmann subsidiaries Dematic, VDO and Sachs". European Union. 29 August 2000. Retrieved2017-04-11.
  4. ^"Triton takes over Dematic". Siemens AG, Official Press Release. June 14, 2006. Retrieved2017-04-11.
  5. ^"Triton sells Dematic to private equity investor AEA Investors and Ontario Teachers' Pension Plan". DGAP-Media. November 2012. Retrieved2017-04-11.
  6. ^"Dematic moves forward with relocation from Grand Rapids to Mexico". 2 February 2016.
  7. ^"Kion Gets Warehouse Robotics With $2.1 Billion Dematic Deal". New Equipment Digest. 2016-06-21. Retrieved2017-04-11.
  8. ^"Kion completes Dematic acquisition | 2016-11-02 | DC Velocity".www.dcvelocity.com. Retrieved2024-07-02.
  9. ^"Dematic completes Egemin Integration".www.dematic.com. Archived fromthe original on 2017-04-12. Retrieved2017-04-11.
  10. ^Staff, M. D. M. (2024-01-11)."Dematic Appoints New President".Modern Distribution Management. Retrieved2024-07-02.
  11. ^"Dematic Strengthens Presence in Taiwan with New Office Opening".Dematic. Retrieved2025-02-04.
  12. ^"Dematic Opens Office in Saudi Arabia".Dematic. Retrieved2025-02-04.
  13. ^"Dematic Group Completes Acquisition of HK Systems - CBS Detroit".www.cbsnews.com. 2010-09-16. Retrieved2024-07-02.
  14. ^Beitch, Shara (2015-01-26)."Dematic Group Acquires SDI Group Europe to Expand and Enhance Offerings".Sourcing Journal. Retrieved2024-03-12.
  15. ^"Dematic acquires Reddwerks to leap into WES software space | 2015-11-20 | DC Velocity".www.dcvelocity.com. Retrieved2024-03-12.
  16. ^Trebilcock, Bob."Behind the Dematic Acquisition of Reddwerks".Modern Materials Handling. Retrieved2024-03-12.
  17. ^Staff, FreightWaves (2019-03-02)."Dematic acquires Australian AGV manufacturer".FreightWaves. Retrieved2024-03-12.
  18. ^"Dematic acquires logistics automation software company – DC Velocity".www.dcvelocity.com. Retrieved2020-03-04.
  19. ^"Robots find books at new $97 million Macquarie University Library".Australian Broadcasting Corporation. 24 August 2011. Retrieved2017-04-11.
  20. ^"Podcast: Robots find books at new $97 million Macquarie University Library". Australian Broadcasting Corporation's Radio National. 24 August 2011. Retrieved2017-04-11.
  21. ^"CEMA company profile of Dematic". Conveyor Equipment Manufacturers Association (CEMA). Retrieved2017-04-11.
  22. ^"MHIA membership profile of Dematic Corp". Material Handling Industry Of America (MHIA). Retrieved2017-04-11.
  23. ^"Dematic Customer Services". Dematic Official Website. Retrieved2013-01-07.
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  • 1Now integrated into other Siemens divisions or business groupings
  • 2Sold
United StatesLogistics companies of theUnited States
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