Siemens sells airport logistics firm in $325 million deal
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 … Read more
