Wincanton acquires Invar to catapult robotics and automation uses in warehouses
Summary
Through the integration of Invar’s automated solutions, driven by its proprietary software, the Invar Warehousing Software, Wincanton shared in a statement that the agreement represents a milestone in its strategic vision to accelerate the deployment of robotics and automation solutions, pushing warehouse efficiency to unparalleled heights. The acquisition builds upon a longstanding collaboration between Wincanton and Invar, marked by successful warehouse automation projects in recent years. He emphasised: “The Invar team is a great cultural fit, with a pedigree in developing and integrating best-in-class solutions. “From the considerable interest shown in our business, we selected a partner that clearly offered the best long-term future for Invar and its people. Wincanton, with its deep resources and wealth of knowledge of the logistics sector, makes a perfect strategic partner for Invar – where our synergies on technology and automation align for a bright future.” On Thursday 29 February, the board of GXO Logistics announced the cash offer for the Wincanton.