Elk Grove Village-baased Wynright Corp. announced it will be acquired by Daifuku Webb Holding Co. of Farmington Hills, Mich., a subsidiary of Japan-based Daifuku Co., Ltd. Terms of the acquisition were not announced.
Under the agreement, Wynright will operate as a wholly-owned subsidiary of Daifuku Webb. The acquisition is expected to be completed in the fourth quarter of 2013.
Wynright is a manufacturer of intelligent material handling systems, including conveyor and sortation systems, voice- and light-directed order fulfillment technology, a suite of warehouse controls and execution software, robotics, mezzanines, and structures.
"The acquisition of Wynright will strengthen our business in North America and greatly improve the services and products we offer our customers, which is always our focus," said Brian Stewart, chairman, president & CEO of Daifuku Webb Holding Company. "We have worked together with Wynright on several projects and have great respect for their expertise in designing, manufacturing, integrating and installing intralogistics solutions that are helping some of the world's largest and fastest-growing companies."
In addition to its Elk Grove Village headquarters, Wynright has a facility and tech center in Oak Lawn, as well as regional offices and facilities throughout the U.S.