MotionTech takes great pleasure in revealing its latest strategic move - the acquisition of Nekos, an esteemed pioneer in the material handling systems domain, with a rich heritage in the intralogistics and production sectors dating back to the 1950s. This strategic acquisition marks a significant step in MotionTech's mission to consolidate its position as a leader in warehouse automation and intralogistics solutions.
Nekos is renowned for its Logistic Tote Storage (LT Storage) system, a solution designed to optimize storage. By efficiently storing plastic crate stacks, LT Storage systems have transformed storage spaces into cleaner, more organized, and maximized capacity without compromising valuable floor space.
Nekos's relationship with some of the world's largest integrators and its focus on solutions for handling, washing, and storage of plastic crates, complemented by comprehensive maintenance and support services, aligns perfectly with MotionTech's expansion strategy. The integration of Nekos's operations is expected to enhance the service offerings to MotionTech's global clientele, especially in sectors demanding high-efficiency material handling.
Jaakko Laihorinne, Managing Director of Nekos adds:
"We at Nekos are both proud and excited as we embark on this new journey with MotionTech. Our legacy has always been about innovation and efficiency in intralogistics, and with joining this group, we see a future where our combined expertise will lead to unparalleled solutions for our clients. It is a union that not only signifies growth but also our shared dedication to elevating industry standards."
Louise Ringström Grandinson, Managing Director of MotionTech says:
"The acquisition of Nekos is a cornerstone in MotionTech's strategy to build a comprehensive offering. Nekos brings a history of excellence and a deep understanding of material handling that is rare in the market and with the LT Storage System adds a great specialized niche product to our Group offering. Together, we will forge a path that sets new benchmarks for service and technology in our industry. We are more than ready to set this new standard together."
The acquisition not only expands MotionTech's portfolio but also fosters the innovation and deployment of smart, space-saving solutions for material handling across industries.
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.
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For more information, visit: www.Motiontech.se
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