Körber acquires Centriq, a leading provider of voice-directed warehousing and modeling solutions (FOTO)

Hamburg/Blackpool (ots) -

- Transaction covers Centriq Group Ltd., including its voice solution
business Voiteq and modeling and simulation business Cirrus Logistics
- Acquisition establishes Körber's Business Area Logistics Systems as
leading company for implementation of voice technology in logistics
- Centriq provides Körber with strong market presence in the UK as
the basis to grow internationally

With the acquisition of Centriq Group Ltd., the international
technology group Körber reinforces its Business Area Logistics
Systems. The acquisition has been completed as of June 20, 2018.

Through its business Voiteq, Centriq is a leading provider of
solutions and services related to logistics, in particular focusing
on the voice solution market. Voiteq provides voice software
solutions and services with its product "VoiceMan". Centriq's Cirrus
Logistics subsidiary supplies software and services that use advanced
optimization and simulation techniques to develop and execute supply
chain strategies. Additionally, Centriq offers services for their
products: among others voice-as-a-service subscription, supply chain
consulting, implementation and integration or logistics hardware
consulting, design and site surveys. Main customers for Centriq's
products come from the food & beverage, retail, and third party
logistics (3PL) industries.

This acquisition complements Körber's existing strong North
American voice business, Vitech Business Group, and creates one of
the world's largest and most experienced Honeywell Vocollect voice
integration teams. The combined organization offers local and global
customers the widest range of proven products and services to enable
them to gain the substantial benefits of voice-directed work. "With
the successful acquisition of Centriq we have added another key
component to our logistics portfolio. Its excellent team will enable
us to strengthen our internationally leading position in the SCM
segment with access to multinational project opportunities",
emphasizes Stephan Seifert, Chairman of the Group Executive Board at
Körber AG. "Moreover, we will bring added value to our existing and
future customers as we will be able to offer a more comprehensive
product and service portfolio on a global scale."

Hubert Kloß, CEO of the Körber Business Area Logistics Systems,
adds: "Growth in e-commerce and changing customer demands are putting
a strain on supply chains and driving a trend toward continuous
process improvements. Centriq is a major international player for
products that enable higher efficiency in warehousing with direct
delivery capability into global blue-chip organizations. The voice
solutions of Voiteq for example keep workers' hands and eyes free,
improving comfort, productivity and accuracy. This addition to our
Business Area will establish Körber Logistics Systems as one of the
globally leading suppliers of voice technology in logistics."

David Stanhope, CEO of Centriq Group, Ltd., says: "Speaking on
behalf of the whole management team at Centriq, we are very excited
about joining the successful Logistics Systems Business Area and the
Körber Group as a whole. For our team of technical experts that
serves some 300 clients at 500 sites with award-winning products
already, the prospect of joint further growth comes at the right
time." He further explains: "We estimate that more than 90% of
warehouses across the world are yet to adopt voice technology.
Together with the existing SCM portfolio of Körber Logistics Systems,
we will be able to strengthen our international platform and - thanks
to the integrated offerings portfolio - provide more benefits for our
customers."

About Körber

Körber AG is the holding company for an international technology
Group with approx. 12,000 employees around the world. The Group
comprises leading-edge technology companies and more than 140
production, service, and sales entities. At locations around the
globe, Körber combines the benefits of a globally-present
organization with the strengths of highly-specialized, flexible,
medium-sized enterprises that offer their customers solutions,
products, and services in the Business Areas of Automation, Logistics
Systems, Machine Tools, Pharma Systems, Tissue, Tobacco, Corporate
Ventures and Körber Digital.

About Körber Logistics Systems

The Business Area Logistics Systems, belonging to the
international technology group Körber and based in Bad Nauheim,
Germany, is the leading provider of fully integrated applications for
the optimization of complex internal and external logistics
processes. Under the umbrella brand Körber Logistics, the Business
Area provides digital solutions for smart factories (production
logistics), warehouses, e-commerce, and the management of entire
supply chains. In three Business Units, the umbrella brand unites the
companies Aberle GmbH and Consoveyo S.A. (System Integration),
Langhammer GmbH and Riantics A/S (Product Solutions), Inconso AG,
Aberle Software GmbH, HighJump and DMLogic LLC (Software). They offer
an extensive range of products and services, from system integration
to technologies for storage, palletizing, de-palletizing and conveyor
systems, through to software.

About Centriq Group Ltd.

Centriq Group provides innovative IT solutions in the logistics,
supply chain and retail sectors around the world. Centriq Group acts
as a holding company for the following subsidiaries: Voiteq Ltd,
Voiteq Inc, Cirrus Logistics Ltd and Cirrus Logistics Inc. Voiteq
provides voice software solutions and services with its "VoiceMan"
product suite. Cirrus provides decision support software solutions
and services with its "CLASS", "COST2SERV" and Marine Enterprise
Suite (MES) applications. The company's headquarters are located in
Blackpool (UK) with additional offices in Basingstoke (UK), Atlanta
(USA), Berlin (Germany), Troyes and Aix-en-Provence (France).

Further information is available at www.koerber.de/en,
www.koerber-logistics.com/en and https://centriqgroup.com/

Contact:
Matthias Mezele
Senior Manager Konzernkommunikation
Körber AG
Tel.: +49 40 211 07 364
Mob.: +49 173 75 19 148
E-Mail: matthias.mezele@koerber.de

Daniela Kalmbach
Senior Managerin Konzernkommunikation
Körber AG
Tel.: +49 40 211 07 347
Mob.: +49 151 52 420 229
E-Mail: daniela.kalmbach@koerber.de

Sinead Elliott
Group Marketing Executive
Centriq Group
Tel.: +44 1253 603770 (3614)
Mob.: +44 7890 551606
E-Mail: sinead.elliott@voiteq.com

Original-Content von: Körber AG, übermittelt durch news aktuell