Done Deals

MM&D MAGAZINE, MAY/JUNE 2011:

The Pritzker Group, a private investment firm, has acquired PECO Pallet Inc. The acquisition will provide PECO with substantial equity capital to fund its expansion throughout the US, Canada and Mexico. Terms of the deal were not disclosed.

Roche and St Paul, Minnesota-based Merrill Corporation, a provider of outsourced solutions for business communication and information management, have integrated voice-enabling technology from Datria Systems Inc. Roche, a pharmaceutical company, is using the technology in its Indianapolis facility to voice-enable existing handheld devices for container and cart picking for its diabetes care and diagnostic products. Merrill is using it to batch pick fulfillment requests, improve efficiency and increase order fulfillment rates.

Bristol-Myers Squibb, a global biopharmaceutical company, has chosen Exel as its third-party logistics provider to handle US distribution. As part of the contract, Exel has bought the existing Bristol-Myers distribution centres in Mount Vernon, Indiana, and will take over operations in the second quarter of this year.

Mitsubishi Caterpillar Forklift America Inc has become the primary component supplier for Egemin Automation Inc’s Hybrid Automated Guide Vehicle (AGV). Egemin introduced the AGV in 2010, officially launching it at ProMat 2011 in Chicago.

A Fortune 1000 global packaging manufacturer has selected the PackManager solution for its contract-packaging group. PackManager is from Toronto-based Nulogy Corporation. The customer’s IT group will be using PackManager’s open Application Programming Interface to push and pull XML to integrate with multiple systems.