Supply Chain by the Numbers

That’s what industrial giant Honeywell is paying to acquire Intelligrated, in the second major deal in the US materials handling sector in a week. Just a few days before, German fork truck maker Kion announced it was acquiring Intelligrated rival Dematic. Honeywell is said to have outbid Toyota Industries, the world’s largest lift truck maker and Kion competitor, to acquire Intelligrated. The move by Honeywell, known primarily for widespread businesses in the automotive, aerospace, and controls sectors, was a bit surprising, though it has been in the supply chain business for years through acquisitions of data collection equipment providers Handheld Products, Intermec, and LXE. Good times and fast growth in the materials handling sector, driven by investments in omnichannel fulfillment, are behind the moves. Intelligrated is estimated to achieve $900 million in revenue in 2016.

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