Kion to Acquire Warehouse Robot Firm for $2.1 Billion
German forklift maker Kion Group AG agreed to buy robot maker Dematic for about $2.1 billion to expand in the United StatesĀ and tap demand from Amazon.com and other online retailers as they look to automate warehouses.
Retailers Fuel a Warehouse Boom, Racing to Keep Up With Amazon
The first thing online clothing reseller ThredUp did after clinching a new round of funding last year? Hunt for strategic warehouse space to get the goods to customers as fast as possible.
Global Logistic to Buy 200 US Warehouses for $4.55 Billion
Global Logistic Properties Ltd. agreed to buy more than 200 warehouses from Industrial Income Trust Inc. for $4.55 billion in a deal that will make it the second-largest owner of U.S. industrial real estate.
Lineage Logistics Acquires Two California Cold-Storage Facilities
Lineage Logistics said it has acquired two cold-storage facilities in Santa Cruz County, California, from Dreisbach Enterprises. Terms were not disclosed.
July 8, 2014