Duravant targets Asia, Europe with acquisition of Motion06
Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced the signing to acquire Motion06 Gmbh, a manufacturer of machines and components for conveyor systems. The transaction is subject to the approval of antitrust authorities.
Headquartered in Lengau, Austria, Motion06 specializes in the design, production and sale of high-performance belt conveyor technology; prominently featuring a belt curve conveyor for ecommerce, parcel distribution centers, airport baggage handling systems and other industrial applications. Founded in 2006, the company has conveyor modules and components in operation at more than 65 airports worldwide and has provided conveying solutions to ecommerce, parcel and distribution giants around the globe.
With locations and joint ventures in Austria, Singapore and China, Motion06 expands Duravant’s footprint in Europe and Asia.
“We could not have imagined a more complementary partnership than Motion06 when considering the existing portfolio within the Duravant family of operating companies,” said Mike Kachmer, President and CEO of Duravant.
“It is a great pleasure, together with a young and dynamic team here in Lengau and with partners worldwide, to develop Motion06 into a leading quality supplier of conveyor systems,” said Markus Brunninger, Managing Director of Motion06. “The acquisition by Duravant will result in excellent synergies and further growth opportunities as a conveyor module and component manufacturer.”
The transaction brings together two global engineered equipment leaders with complementary products, applications and connectivity solutions. The companies’ combined expertise in automation solutions, their commitment to innovation, coupled with their longstanding industry relationships, expands their ability to deliver material handling solutions that ensure greater productivity, efficiency and profitability for customers worldwide.
