GRAND RAPIDS, MICHIGAN – MARCH 10, 2017 – Following the acquisition by the KION Group on 1 November 2016, Dematic, a leading supplier of integrated automated technology, software and services to optimize the supply chain, announced today the plans for integrating Retrotech, Inc. into its organization. Retrotech, with a 30-year legacy of providing expert modernizations and new automated systems in North America, will become a division of the Dematic North America Customer Service organization. Retrotech had been acquired by the KION Group in March, 2016.
The integration, which is targeted for completion in 2017, will greatly enhance Dematic's breadth of aftermarket lifecycle offerings as well as bring incremental solutions and top talent to Dematic's new systems business.
Moving forward, the division will be known as Dematic Retrotech and will remain headquartered in Rochester, NY. The company will continue to bring their consultative approach to both existing and prospective users of automation and software.
Mike Kotecki, Dematic Senior Vice President, Customer Service, stated, "This mutual integration brings a large body of experience and resources to the fast-growing Dematic organization while fueling Retrotech's growth with Dematic's broad portfolio of products, R&D and global reach."
Paul Deveikis, Retrotech Managing Director, commented, "The process underway will clearly retain and enhance our long-standing reputation of objectivity and customer advocacy. The unified organization will be second to none in our ability to improve the value of installed supply chain technology."
Dematic is a leading supplier of integrated automated technology, software and services to optimize the supply chain. Dematic employs over 6,000 skilled logistics professionals to serve its customers globally, with engineering centers and manufacturing facilities located across the globe. Dematic, Egemin and Retrotech, now integrated under the roof of KION Group, have implemented more than 6,000 integrated systems for a customer base that includes small, medium and large companies doing business in a variety of market sectors.
Headquartered in Grand Rapids, Michagan, Dematic is a member of KION Group, a global leader in industrial trucks, related services, and supply chain solutions. Across more than 100 countries worldwide, the KION Group designs, builds and supports logistics solutions that optimize material and information flow within factories, warehouses and distribution centres. The company is the largest manufacturer of industrial trucks in Europe, the second-largest producer of forklifts globally, and a leading provider of warehouse automation.
About Dematic Retrotech
Since 1985, Dematic Retrotech specializes in the design and installation of new automated systems, as well as modernization and support of any make or model of automated material handling systems. Dematic Retrotech uses a consultative approach to help customers make fact-based decisions to objectively select and integrate the solution that will work best in terms of cost, performance and value.
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