Home / Knowledge / News / Information Technology / Dematic buys garment-on-hanger & flat sorter technology
Dematic buys garment-on-hanger & flat sorter technology
24
Jan '15
Dematic Group, a supplier of integrated automated technology, software and services to optimise the supply chain said it has acquired FSU Investments and in turn SDI Group Europe.

SDI Group Europe is a supplier of garment-on-hanger and flat sorter technology in Europe, in which FSU holds a majority stake.

Dematic Group also said it will make an offer for the remaining share capital in SDI Group Europe held by other shareholders.

“The purchase of SDI Group Europe will expand Dematic’s global order fulfillment offerings in apparel, retail and e-commerce markets,” Dematic said.

“The combination of Dematic and SDI Group Europe enhances our focus on providing customers with critical industry solutions in to the e-commerce and apparel markets,” CEO at Dematic, Ulf Henriksson said.

He added, “The addition of garment on hanger and flat sorter technologies, combined with returns processing solution, offers our customers a true single source modular, flexible and scalable solution provider.”

Dematic believes that the acquisition of SDI Group Europe’s offerings will expand and further enhance its solutions developed to enhance customers’ responsiveness to the evolving requirements of omni-channel distribution.

Headquartered in Royston, UK, SDI Group Europe provides key components for seamless order fulfillment including pouch sorters, pusher sorters, Bombay sorters, garment-on-hanger technology, tilt tray/carton sorters and related services.

In 1996, SDI Group Europe (previously Greenstone Automation) was founded in the UK by CEO Gordon Smith.

2006 saw the consolidation of SDI Group USA and SDI Group Europe before floating of the consolidated group on the AIM in 2007.

Following a Management Buyout, the SDI Group was delisted in 2010, and SDI Group Europe and SDI Group USA legally split again.

Dematic is acquiring SDI Group Europe, but said the combined offering will be available to customers globally including the US.

Following the acquisition of SDI Group Europe, Andrea di Bella, currently the Managing Director for SDI Italy, Spain and Switzerland, will succeed Gordon Smith in the role of CEO, SDI Group Europe.

All SDI Group Europe products and services will be available through Dematic globally to current customers and prospects seeking to optimize their order fulfillment and distribution processes and solutions.

“The newly combined SDI Group Europe and Dematic offerings will be available to the market for all our new and existing North American customers along with our global customers under the Dematic brand,” Henriksson explained. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X