The Jungheinrich Group has announced its acquisition of the German-owned MIAS Group. MIAS is well known for its range of stacker cranes, automated pallet handlers and sophisticated materials handling technology and employs over 300 staff based at five locations in Germany, Hungary, China, the USA and Italy,
While the MIAS Group will be integrated into Jungheinrich AG’s Logistics Systems Division it will continue to offer its products independently under the MIAS brand name.
In the 2014 financial year, the MIAS group generated net sales of some 40 million euros and its acquisition is further evidence of Jungheinrich’s determination to further expand its logistics systems business.
Steve Richmond, Director of Jungheinrich UK Ltd’s Systems and Projects Division, commented: “By acquiring the MIAS Group, Jungheinrich is enlarging its technology portfolio in the field of automated warehouse solutions. In such a competitive global arena, this acquisition further expands the already extensive range of automated intralogistics solutions Junghenirch is able to supply and support around the world.”
About Jungheinrich UK Ltd:
Jungheinrich is one of the world’s three leading companies in the material handling equipment, warehousing and material flow engineering sectors, as well as the European leader in warehousing technology. Established in Hamburg, Germany, in 1953, our company offers the full range of products and services “all around the Fork Lift”. Jungheinrich designs and installs semi and fully automated warehouse solutions, and provides an extensive Aftersales Support Network, Rental and Financial Services, Racking Systems and Warehouse Planning. Rather than taking the “one size fits all” approach, we focus on providing the best solution for the long-term profitability of your enterprise. Our approach to intralogistics is cross-industry and, as an active player in developing its future, we are committed to blazing new trails on behalf of our customers. Visit us at www.jungheinrich.co.uk