MHS Acquires TGW U.S. Conveyors Business
Acquisition expands MHS’s capabilities to serve fast growing e-commerce industry
January 11, 2021 18:17 ET
| Source:
Materials Handling Systems, Inc.
Materials Handling Systems, Inc.
Raleigh, North Carolina, UNITED STATES
Mt. Washington, Kentucky, Jan. 11, 2021 (GLOBE NEWSWIRE) -- MHS Holdings, Inc. (“MHS” or the “Company”), a leading global provider of advanced material handling automation solutions, engineering, equipment and software, announced today that it has entered into a definitive agreement to purchase certain assets related to TGW Systems, Inc.’s U.S. conveyor business unit, which operated separately from TGW’s U.S. integration business unit. The transaction is expected to close in February 2021.