Cimdata Logo

Industry Summary Articles

Monday, September 24, 2018

ABB completes acquisition of intrion

ABB announced it has completed its acquisition of intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the logistics, food and beverage and pharmaceutical industries. The acquisition was announced on July 24, 2018. The two parties agreed not to disclose the value of the transaction.

Distribution and fulfilment centers are increasingly turning to robotic automation solutions to improve their efficiency, workplace safety and scalability to meet soaring demand. According to the International Federation of Robotics, the market for professional service robots is expected to grow at an annual rate of 20 - 25 percent between 2018 and 2020.

“We are very pleased to welcome intrion to ABB,” said Sami Atiya, President of ABB’s Robotic and Motion division. “This milestone acquisition into the logistics market will significantly advance ABB’s logistics robotics offering and ensure that our customers and system partners are well equipped for the growth of e-commerce and shift to mass customization that are driving ever-increasing delivery expectations.”

intrion has been an ABB Authorized Value Provider since 2010, and has grown its business to become a well-established logistics automation solutions integrator in Benelux. It will become part of ABB’s Robotics and Motion division, serving as a new regional application center focusing on warehouse & logistics solutions for the wholesale & retail distribution, e-commerce and post and parcel markets in Europe.

To view the original press release, please click here.

Search for ABB on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.