Executive Briefings

Dematic Group Wraps Up Acquisition of HK Systems

Dematic Group, a global supplier of material-handling systems and services, has completed the acquisition of HK Systems, Inc., a North American provider of automated material-handling technology. The newly combined company will be called Dematic, with North American headquarters in Grand Rapids, Mich. The expanded organization will allow Dematic to domestically manufacture automated storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order-fulfillment technology, the company said. Heading up the newly combined entity in the U.S. and Canada will be John K. Baysore, chief executive officer of Dematic North America.

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Dematic Group, a global supplier of material-handling systems and services, has completed the acquisition of HK Systems, Inc., a North American provider of automated material-handling technology. The newly combined company will be called Dematic, with North American headquarters in Grand Rapids, Mich. The expanded organization will allow Dematic to domestically manufacture automated storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order-fulfillment technology, the company said. Heading up the newly combined entity in the U.S. and Canada will be John K. Baysore, chief executive officer of Dematic North America.

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