We are proud to announce the strategic acquisition of ITO, a leading Norwegian intralogistics company focused on end-of-line and complete automation systems, renowned for its innovative and efficient systems. This acquisition aligns with MotionTech’s strategic vision to become an intralogistics powerhouse.
ITO Pallpack has made its mark as a dependable partner and intralogistics company for customers within e-commerce, food, grocery, pharmacy and manufacturing with a long history of revenue growth. Their commitment to operational excellence is underscored by their comprehensive technical knowledge and more than 60 years of experience helping customers solve complex problems.
"Joining the Group heralds an exciting era for ITO. This move aligns perfectly with our foundational principles of ingenuity and unwavering dedication to customer service,"
said Christian Hagen, managing director of ITO Pallpack and 3rd generation of Hagen managing the Group.
"Through this partnership, we aim to extend our reach and enhance our capabilities, enabling us to continue providing outstanding solutions to our valued clients as we have done for 60 years."
Louise Ringström Grandinson, CEO of MotionTech, reflected on the acquisition:
"Bringing ITO into our family marks a strategic enhancement to our Group. ITO's market acumen and state-of-the-art technology in packaging solutions will be instrumental in our mission to offer unparalleled intralogistics services. We are excited to start this new chapter with ITO and redefine industry benchmarks for innovation and service excellence."
ITO's integration is anticipated to not only extend the Group’s service offerings but also foster innovation, fueled by ITO's longstanding market presence and strong customer relationships.
About MotionTech
MotionTech was established by Systematic Growth in 2021, with a clear strategy to become a full solutions and service partner to customers within intralogistics and warehouse automation. MotionTech is continuing to build its position across Europe organically and through acquiring niche leading companies with strong management and owners.
Contact
For media inquiries or further information, please contact: Press@motiontech.se
For more information, visit: www.Motiontech.se
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