Siemens has agreed to sell its airport logistics division to Vanderlande for €300 million. The deal is expected to close in 2025. Vanderlande, owned by Toyota Industries Corporation, operates in the logistics sector within warehousing, airports, and parcel fields. Siemens CFO Ralf Thomas stated that Vanderlande is the best future owner for the airport logistics business and that the sale will help Siemens sharpen its portfolio as a leading technology company. Siemens Logistics is well-regarded in baggage and air-cargo handling areas and has partnerships with leading airports and airlines. Vanderlande’s President and CEO, Andrew Manship, highlighted the alignment of Siemens Logistics’ innovative approach with Vanderlande’s vision for the future.
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Siemens sells airport logistics firm in $325 million deal
To further heighten the importance of this acquisition, industry experts have noted that Vanderlande’s acquisition of Siemens airport logistics division will strengthen its position in the global market, specifically in the airport logistics sector. This move aligns with the trend of increasing automation and digitization in the logistics industry, a trend that Siemens has been at the forefront of for many years.
Interestingly, Siemens has a long history of innovation in the field of airport logistics, with its baggage-handling and air-cargo systems being recognized for their efficiency and reliability. This acquisition by Vanderlande will likely result in the merging of these two companies’ expertise, leading to even more cutting-edge solutions for airports around the world.
As for fun facts related to the acquisition, did you know that Vanderlande’s automated baggage-handling system at Amsterdam Airport Schiphol is one of the largest in the world, handling over 70 million bags annually? With Siemens’ airport logistics division now under its umbrella, Vanderlande is poised to expand its reach and cement its position as a leader in the field of airport logistics.
