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Voice-enabled logistics business, Cohesio Group, has had a majority stake of its company acquired by international technology group Körber.
Known for their voice-directed and autonomous mobile robotics solutions, Cohesio announced the acquisition on September 24, with the purchase completed effective September 20.
Körber’s Business Area Logistics Systems existing systems such as Voiteq will be augmented with Cohesion’s robotics software solutions.
“With Cohesio, we are underpinning our claim to ‘market leadership through technology leadership’ in the future-oriented fields of voice and robot technology,” said Stephan Seifer, chairman of the group executive board at Körber AG.
The rapid growth of supply chains and logistics partners in the Asia-Pacific region, where Cohesio has been focussed, also motivated the purchase.
Körber also noted that the technology solution that Cohesio had developed was particularly attractive, and both utilise the Honeywell Vocollect platform.
“With its broad, technology-oriented product and service portfolio, Cohesio is an ideal fit for us and our growth ambitions. By adding Cohesio, we are in an even stronger position to offer customers the right supply chain technologies and service them on a global level. The Cohesio team is characterized by entrepreneurship, years of experience with logistics technologies, and a history of good partnership with its customers,” said Dirk Hejnal, CEO of the Körber Business Area Logistics Systems.
For Cohesio representatives, the acquisition of this stake in the company enables the Melbourne-based company, which launched only a few years ago.
“We feel fortunate to have found a partner in Körber that can help accelerate the next stage of growth for Cohesio. Körber offers us an innovative culture, a broader portfolio of complementary supply chain technologies and access to customer relationships on a global scale. The Cohesio founders and the entire Cohesio team are very excited to be part of this international technology group,” said Nishan Wijemanne, CEO of Cohesio Group Ltd.