Swisslog sells non-hospital business in Germany
Buchs/Aarau, 1 October 2012 – Swisslog has signed an agreement to sell Telelift GmbH, its non-hospital business based in Germany, to a group of industrial investors.
The divestment has been announced earlier this year as part of the Score! program. It underscores the strategy of Swisslog’s Healthcare Solutions division to focus on logistics solutions for hospitals. Telelift GmbH recorded net sales in the range of MEUR 15 in 2011. The company provides track-based conveyor systems for in-house light load transports.
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Swisslog is a global provider of integrated logistics solutions for warehouses, distribution centers and hospitals. Its comprehensive services portfolio ranges from building complex warehouses and distribution centers to implementing Swisslog's own software and technology to intra-company logistics solutions for hospitals.
Swisslog’s solutions optimize customers’ production, logistics and distribution processes in order to increase flexibility, responsiveness and quality of service while minimizing logistics costs. With years of experience in the development and implementation of integrated logistics solutions, Swisslog provides the expertise that customers in more than 50 countries around the world rely on.
Headquartered in Buchs/Aarau, Switzerland, Swisslog currently employs over 2 000 staff in 20 countries worldwide. The group’s parent company, Swisslog Holding AG, is listed on the SIX Swiss Exchange (security number: 1232462, Telekurs: SLOG, Reuters: SLOG.S). Note: Swisslog refers to an order as “major order” if its financial volume exceeds the threshold of MCHF 20.
For more information, please visit www.swisslog.com
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