Duravant to acquire Motion06
Duravant expands global offerings with signing to acquire Motion06, Austrian manufacturer of specialized conveyor modules
Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors, announced the signing to acquire Motion06 Gmbh (“Motion06”), a leading manufacturer of machines and components for conveyor systems. The transaction is subject to the approval of antitrust authorities.
Headquartered in Lengau, Austria, Motion06 specializes in the design, production and sale of high-performance belt conveyor technology; prominently featuring a belt curve conveyor for ecommerce, parcel distribution centers, airport baggage handling systems, and other industrial applications. Founded in 2006, the company has conveyor modules and components in operation at more than 65 airports worldwide and has provided conveying solutions to ecommerce, parcel and distribution giants around the globe.
With locations and joint ventures in Austria, Singapore and China, Motion06 expands Duravant’s footprint in Europe and Asia.
Mike Kachmer, president and CEO of Duravant, said, “We could not have imagined a more complementary partnership than Motion06 when considering the existing portfolio within the Duravant family of operating companies. Our team is extremely excited about the immediate accelerated growth opportunities this new relationship provides.”
"It is a great pleasure, together with a young and dynamic team here in Lengau and with partners worldwide, to develop Motion06 into a leading quality supplier of conveyor systems. The acquisition by Duravant will result in excellent synergies and further growth opportunities as a conveyor module and component manufacturer," says Markus Brunninger, managing director of Motion06. "We are characterized by a high level of technical competence and a focus on customers and customer requirements, which we solve best on a daily basis.”
The transaction brings together two global engineered equipment leaders with complementary products, applications and connectivity solutions. The companies’ combined expertise in automation solutions, their commitment to innovation, coupled with their longstanding industry relationships, expands their ability to deliver material handling solutions that ensure greater productivity, efficiency and profitability for customers worldwide.