

Through the acquisition, the company aims to expand its range of warehouse logistics solutions and open up new market segments.

JJ-Lapp will now become a wholly-owned subsidiary of the Group, with financial details remaining confidential.

Maik Müller, CEO of Nynomic AG, was confirmed as Chairman of the Management Board.

With 1,900 employees, PI will form the new Positioning Division at Hoerbiger as an independent unit.

At LogiMAT, the two companies announced a strategic partnership to develop an innovative software system for controlling mobile and stationary processes in intralogistics.