As of March 31st, 2022, Viastore was acquired by Toyota Industries. The terms of the transaction were not disclosed. Viastore is an international supplier of intralogistics systems, software, and services. The company is focused on consulting, planning, implementation, and improvement of intralogistics solutions. The company was founded in 1889 and is based in Stuttgart, Germany.
Expert Collections containing Viastore
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Viastore is included in 1 Expert Collection, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Latest Viastore News
May 19, 2022
Toyota Industries Corporation to acquire viastore The deal for viastore, which offers intralogistics automation solutions, is expected to close in the third quarter, with viastore coming under the wing of Toyota Advanced Logistics Group (TALG). viastore systems in the News By MMH Staff · May 19, 2022 The shareholders of viastore Group , a leading provider of intralogistics systems, intralogistics software and supporting services, have signed an agreement to sell all shares in the company to Toyota Industries Corporation ( TICO ), viastore recently announced. Together with TICO, viastore will continue to actively pursue its growth strategy, according to viastore. The deal is expected to provide viastore with access to the customer portfolio of a leading global engineering group and long-term growth prospects for all three business areas. The parties have agreed not to disclose further details of the transaction, which is still subject to antitrust approval and is expected to close in the third quarter, viastore added. In the future, viastore will be an independent unit under Toyota Advanced Logistics Group (TALG), with its brand, business areas, locations and management to be maintained, viastore added. Other TALG units include Vanderlande, acquired in 2017, and Bastian Solutions, also acquired in 2017. The warehouse automation solutions and integration services offered by TALG companies have expanded Toyota’s solutions footprint in warehouse and materials handling well beyond its roots in lift trucks. According to the Toyota Industries’ announcement of the acquisition, viastore has strengths in automation to link multiple processes such as storage and transportation with optimal materials handling equipment and software, garnering high acclaim in the market. Through collaboration with viastore, Toyota Industries aims to further expand its business by providing customers with a wide range of solutions that utilize viastore’s integration capabilities to meet logistics automation needs, primarily in the European and North American market. May 19, 2022
Viastore Frequently Asked Questions (FAQ)
When was Viastore founded?
Viastore was founded in 1889.
Where is Viastore's headquarters?
Viastore's headquarters is located at Magirusstrabe 13, Stuttgart.
What is Viastore's latest funding round?
Viastore's latest funding round is Acquired.
Who are the investors of Viastore?
Investors of Viastore include Toyota Industries.