Jungheinrich Acquires Majority Stake in ISI Automation
Jungheinrich is to acquire ISI Automation of Lemgo, Germany. The move will see the turnkey automation solution specialist become part of the forklift giant, which describes itself as one of the world’s leading providers of intralogistics solutions. The company’s ISIPlus® and ISIPro® products will expand the Group’s portfolio in the area between ERP and the shop floor. Dr. Rosenbach, Member of the Board of Management Logistics Systems at Jungheinrich, explains, “We plan to strengthen ISI Automation and its plants in Lemgo and Extertal, and we have set ourselves the clear objective of further expanding the business with all existing and future customers in this important field of digitalization.” The current managing directors of ISI Automation, Frank Marek and Volker Sasse, will c...