Jungheinrich Acquisition of Invar

completed

Jungheinrich, a German forklift manufacturer, has acquired Atlanta-based Invar, a systems integrator for warehouse and order fulfillment solutions. This acquisition aims to enhance Jungheinrich's expansion in North America, grow its global footprint, and strengthen its automation business. The acquisition is executed through Jungheinrich's subsidiary Storage Solutions, an Indiana-based warehouse and automation design consulting firm. Invar has proprietary Warehouse Execution System (WES) technology and a team of 50 professionals, serving U.S. customers with integrated warehouse design and automation solutions. The acquisition expands Storage Solutions' operational footprint with new locations in Atlanta, Georgia, and Erlanger, Kentucky, providing direct access to new customer segments and local integration capabilities tailored to the U.S. market. This move is part of Jungheinrich's Strategy 2030+ focusing on targeted investments in automation and North American business expansion.