Finnish logistics solutions provider buys German maker of innovative equipment.
K.Hartwall, the Finnish provider of returnable logistics solutions, has acquired A&A Logistik-Equipment GmbH & Co. KG, a German company providing logistics equipment for various industries.
K.Hartwall, founded in 1932 in Söderkulla, develops logistics solutions primarily aimed at retail companies, postal services and the automotive industry. Among its customers are industry leaders like Schaeffler, Royal Mail, Havi Logistics and Bosch. The company has a turnover of 55 million euros and 160 employees.
A&A was founded in 1992 and is located in Heidenau near Hamburg. The business is divided into two core segments: standard equipment and special projects for customers in various industrial segments.
“Since the start the company has shown a strong focus on innovation. In 2011 the Elephantboard conquered the market. It is a versatile dolly that you can modulate according to your needs,” K.Hartwell said in the acquisition announcement. “Latest in the family is the LiftLiner Tugger train system. A&A is also a frontrunner in developing and supplying customized automatic guided vehicles.”
K.Harwall said A&A has a turnover of 4 million euros and 25 employees.
“The acquisition strengthens both parts of our business by widening our expertise and product range to offer better services to our customers,” said Frank Haltermann, A&A CEO and co-owner. “A&A has always been working on developing innovative solutions to help our customers to improve the workflow within their supply chain.”
K.Hartwall CEO Jerker Hartwall said, “By putting together our strengths we become a major global market player in material-handling equipment. K.Hartwall’s experience in Lean Logistics management and international trade gets combined with the A&A expertise. This will enable us to attract new customers and enter new markets as one strong, unified team.”
Hartwall added that the two companies share the same goal: “to facilitate supply chains and improve distribution processes in manufacturing locations.”
K.Hartwall, founded in 1932 in Söderkulla, develops logistics solutions primarily aimed at retail companies, postal services and the automotive industry. Among its customers are industry leaders like Schaeffler, Royal Mail, Havi Logistics and Bosch. The company has a turnover of 55 million euros and 160 employees.
A&A was founded in 1992 and is located in Heidenau near Hamburg. The business is divided into two core segments: standard equipment and special projects for customers in various industrial segments.
“Since the start the company has shown a strong focus on innovation. In 2011 the Elephantboard conquered the market. It is a versatile dolly that you can modulate according to your needs,” K.Hartwell said in the acquisition announcement. “Latest in the family is the LiftLiner Tugger train system. A&A is also a frontrunner in developing and supplying customized automatic guided vehicles.”
K.Harwall said A&A has a turnover of 4 million euros and 25 employees.
“The acquisition strengthens both parts of our business by widening our expertise and product range to offer better services to our customers,” said Frank Haltermann, A&A CEO and co-owner. “A&A has always been working on developing innovative solutions to help our customers to improve the workflow within their supply chain.”
K.Hartwall CEO Jerker Hartwall said, “By putting together our strengths we become a major global market player in material-handling equipment. K.Hartwall’s experience in Lean Logistics management and international trade gets combined with the A&A expertise. This will enable us to attract new customers and enter new markets as one strong, unified team.”
Hartwall added that the two companies share the same goal: “to facilitate supply chains and improve distribution processes in manufacturing locations.”
