DS AUTOMOTION is a Full Member of the SSI SCHAEFER Group:
Acquisition of Shares Successfully Completed
Shares in DS AUTOMOTION fully acquired by SSI SCHAEFER following approval by the Federal Competition Authority in Austria
Neunkirchen, Germany / Linz, Austria March 2, 2023 – At the end of January 2023, it was announced that the SSI SCHAEFER Group, a leading international provider of modular warehousing and logistics solutions employing approximately 10,000 people, and DS AUTOMOTION GmbH, a leading provider of mobile robotics (AGV - Automated Guided Vehicles and AMR - Autonomous Mobile Robots) headquartered in Linz, signed an agreement under which SSI SCHAEFER will acquire all shares in DS AUTOMOTION GmbH. The acquisition of the remaining shares was successfully completed and came into effect yesterday, March 1, 2023, following completion of the review by the Austrian Federal Competition Authority.
SSI SCHAEFER is thus expanding the minority interest it has held in DS AUTOMOTION since 2018 to reflect the growing importance of autonomous and mobile robotics and the AGV business in intralogistics. The management team, led by Managing Directors Manfred Hummenberger and Wolfgang Hillinger, will remain. DS AUTOMOTION will continue to operate independently with its well-established brand.
“The partnership with DS AUTOMOTION is an important milestone in the expansion of the technology leadership of the SSI SCHAEFER Group, and strengthens our competitiveness and innovation power in robotics and automation, which are leading the future for intralogistics,” says Steffen Bersch, CEO of the SSI SCHAEFER Group. “We are pleased to announce that the full share acquisition became effective yesterday, March 1, 2023.”