Jungheinrich buys warehouse robotics vendor Magazino

Jungheinrich buys warehouse robotics vendor Magazino

Forklift vendor Jungheinrich has acquired the autonomous cellular robotic (AMR) firm Magazino GmbH for an undisclosed value, saying the transfer strengthens its automation experience at a time when business demand is rising for revolutionary automation and robotics options.

Hamburg, Germany-based Jungheinrich had already held a 21.7% share in its fellow German logistics tech supplier. Within the newest transfer, it purchased all remaining shares from Magazino’s founders and former co-shareholders, who embody a.o. Cellcom, Fiege Logistik, and Körber.

Following the deal, Magazino will proceed to function as an impartial firm throughout the Jungheinrich Group, making the most of its new dad or mum firm’s world gross sales and repair community. The agency will stay underneath the administration of each its co-founders, Frederik Brantner and Lukas Zanger, in addition to its chief know-how officer, Moritz Tenorth. 

Jungheinrich mentioned the merger is a perfect addition as a part of the growth of its enterprise with automated and autonomous automobiles. In June, Jungheinrich launched a three way partnership with Mitsubishi Logisnext Americas, creating an organization known as Rocrich AGV Options that may present cellular automation options in North America.

The takeover of Magazino marks one other strategically vital step in direction of strengthening that automation experience, the corporate mentioned. Based in 2014, Magazino employs round 130 folks and has one of many largest cellular robotics growth groups in Europe. The corporate’s know-how platform permits logistics robots to function in a combined human-machine atmosphere, navigating within the warehouse in addition to selectively selecting up and transporting wanted objects. Magazino’s software program system and robots are at present in use within the warehouses of assorted industrial prospects, on-line retailers, and logistics service suppliers.

Examples of these deployments embody the expanded use of Magazino’s TORU mannequin robotic by European on-line shoe retailer Zalando in 2022 after an earlier pilot take a look at.



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