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Datalogic Doubles Presence In Industrial Automation Through Acquisition Of Accu-Sort Systems
Datalogic S.p.A.has entered into an agreement with certain subsidiaries of Danaher Corporation to acquire Accu-Sort Systems Inc.and certain of its affiliates.
Mauro Sacchetto, CEO of Datalogic, stated "This transaction doubles Datalogic Group's presence in the Industrial Automation industry by positioning it in the high-end segment and by broadening the company's
competitive position in a highly fragmented market with great growth potential. Accu-Sort is complementary to the existing business of Datalogic and is a leading supplier with a widely recognized brand and long-term
relationships with preeminent customers. Accu-Sort is financially sound, with an EBITDA margin that exceeds 19%, and highly focused on researching solutions and developing additional value for its customers. This
acquisition, which perfectly fits our corporate strategy, complements and confirms Datalogic's solid foundations and strong growth potential despite a
very challenging economic environment."
The acquisition, for approximately USD 135 million, expands Datalogic's international presence in the industrial automation industry, through a wider and more comprehensive range of products and solutions
With revenues of approximately USD 92 million in 2010, Accu-Sort Systems is a leading supplier in the design, production, integration and maintenance of Automatic Identification (Auto-ID) systems in the United States
Founded in 1971 and based in Telford, Pennsylvania, Accu-Sort is a leader in the United States in the design, production, integration and maintenance of
Automatic Identification (Auto-ID) systems, with revenues of approximately USD 92 million in 2010.
Accu-Sort employs approximately 250 employees, and has one production factory in the U.S., two research centers, one in the U.S. and one in Europe, and eight sales offices.
Thanks to a complete range of technical solutions, including Auto-ID products (laser and camera-based), dimensioning systems, print/apply solutions, small items sortation systems and system integration capabilities, Datalogic, through this acquisition, extends and integrates its range of products and expands its position in the transportation & logistics industry.
With approximately 79% of its revenues generated in the United States, Accu-Sort offers integrated solutions in the high-end segment thanks to long-term relationships with primary retailers, international couriers and system integrators.
In addition to having a significant intellectual property portfolio (consisting of approximately 80 patents, 57 of which registered in the U.S.), Accu-Sort can count on solid relationships with preeminent customers, strong competitive positioning and increased brand awareness.
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