Jungheinrich acquires majority stake in ISI Automation
Hamburg — A team led by Hamburg-based partner Dr. Stefan Duhnkrack has advised Jungheinrich AG on the acquisition of a majority stake in ISI Automation GmbH & Co KG. With its ISIPlus and ISIPro products for the automation of warehouse systems, ISI Automation now becomes part of the Jungheinrich Group, one of the world’s leading solution providers for intralogistics. This acquisition complements Jungheinrich’s portfolio in the important area of digitizing logistics solutions.
ISI Automation GmbH & Co KG is a specialist for control automation and IT systems. The internationally active company has its headquarters in Extertal and a branch office in Lemgo. The managing directors Frank Marek and Volker Sasse continue to run the company.
Jungheinrich AG, Hamburg, is one of the world’s leading solution providers for intralogistics. Founded in 1953, the Group’s portfolio includes material handling equipment, logistics systems and services. Jungheinrich is represented in 40 countries worldwide by its own direct sales companies and in over 80 other countries by partner companies. Around 18,000 employees work for the Group worldwide. The Jungheinrich share is listed on the SDAX.
Advisors to Jungheinrich AG: Heuking Kühn Lüer Wojtek
Dr. Stefan Duhnkrack (Lead Partner, M&A), Hamburg.
Duhnkrack’s team regularly advises Jungheinrich, most recently on the acquisition of the MIAS Group.
Inhouse: Attorney at Law Dr. Thordis Koeppel-Tamms