Finland-based Cimcorp Oy (www.cimcorp.com), a leading supplier of automated material handling and picking solutions, has acquired RMT Robotics (www.rmtrobotics.com), a Canada-based manufacturer and integrator of innovative robotic material handling systems.
The newly formed group offers case picking and advanced order fulfillment systems, robotic gantry technology and related software and controls as well as a line of fully autonomous, mobile AGVs.
“The merger will better serve our customers around the world in the tire industry as well as in the warehousing, distribution, food and beverage markets, which are the focus areas of the combined group’s business activities,” said Markku Vesa, managing director and president, Cimcorp.
Said Doug Pickard, founder and president of RMT Robotics, “The joint entity expands our resource pool of engineering talent, increases our offerings and extends our market reach in Europe, Asia and North and South America.”
RMT Robotics, located in the greater Toronto area, will continue trading under its current name as a subsidiary of Cimcorp Oy, retaining existing management and staff. Pickard, who has acquired a 20% interest in Cimcorp Oy, will continue to serve as president of RMT Robotics and joins Cimcorp’s board of directors.
Filed Under: Material handling • converting, Mechatronics