EQS Group-Ad-hoc: Kardex Holding AG / Key word(s): Investment
Kardex Holding AG: Kardex acquires shares in technology start-up Rocket Solution
10-Aug-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Media release
Zurich, 10 August 2020
Kardex acquires shares in technology start-up Rocket Solution
Kardex invests in the start-up company Rocket Solution GmbH, founded in 2019 and based in Unterhaching near Munich. The company develops innovative, standardized automatic storage and retrieval systems of the latest generation. These systems consist of dynamic storage vehicles (Rocket Shuttles) that operate within the rack and provide bins and trays to be stored at the system interfaces. The innovative technology features open IoT and Web interfaces and can therefore be easily integrated into complete systems.
Kardex CEO Jens Fankhänel underlines: "With the technology of Rocket Solution, Kardex is taking another step towards standardized sub-systems and expanding its portfolio in the strategically important light goods area. By investing in this young, innovative company, we also expect new impulses for Kardex especially for the implementation of our IoT strategy."
Additional features:
File: Kardex_Media relase_Rocket_2020-08-10 End of ad hoc announcement
Language:
English
Company:
Kardex Holding AG
Thurgauerstrasse 40
8050 Zürich
Switzerland
Phone:
+41 (0)44 419 44 79
E-mail:
investor-relations@kardex.com
Internet:
www.kardex.com
ISIN:
CH0100837282
Valor:
100837282
Listed:
Regulated Unofficial Market in Berlin, Frankfurt (Basic Board), Munich, Stuttgart; SIX Swiss Exchange
Kardex AG is a Switzerland-based holding company engaged in the provision of static and automated storage solutions and materials handling systems. The Company operates two corporate divisions: Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production and maintenance of dynamic storage and retrieval systems. The Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. The Company provides support to its customers over the entire lifecycle of a product or solution, including an assessment of customer requirements; planning, realization and implementation of customer-specific systems, and ensuring a high level of availability and low lifecycle costs by means of customer-oriented lifecycle management. In July 2013, it divested its Kardex Stow Division, which provided static storage systems, shuttles and automated mobile shelving systems.