Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Körber acquires Centriq, a leading provider of voice-directed warehousing and modeling solutions

Körber acquires Centriq, a leading provider of voice-directed warehousing and modeling solutions

• Transaction covers Centriq Group Ltd., including its voice solution business Voiteq and modeling and simulation business Cirrus Logistics
• Acquisition establishes Körber's Business Area Logistics Systems as leading company for implementation of voice technology in logistics
• Centriq provides Körber with strong market presence in the UK as the basis to grow internationally

Hamburg/Blackpool, June 21, 2018. With the acquisition of Centriq Group Ltd., the international technology group Körber reinforces its Business Area Logistics Systems. The acquisition has been completed as of June 20, 2018.


Through its business Voiteq, Centriq is a leading provider of solutions and services related to logistics, in particular focusing on the voice solution market. Voiteq provides voice software solutions and services with its product "VoiceMan". Centriq's Cirrus Logistics subsidiary supplies software and services that use advanced optimization and simulation techniques to develop and execute supply chain strategies. Additionally, Centriq offers services for their products: among others voice-as-a-service subscription, supply chain consulting, implementation and integration or logistics hardware consulting, design and site surveys. Main customers for Centriq's products come from the food & beverage, retail, and third party logistics (3PL) industries.

This acquisition complements Körber's existing strong North American voice business, Vitech Business Group, and creates one of the world's largest and most experienced Honeywell Vocollect voice integration teams. The combined organization offers local and global customers the widest range of proven products and services to enable them to gain the substantial benefits of voice-directed work. "With the successful acquisition of Centriq we have added another key component to our logistics portfolio. Its excellent team will enable us to strengthen our internationally leading position in the SCM segment with access to multinational project opportunities", emphasizes Stephan Seifert, Chairman of the Group Executive Board at Körber AG. "Moreover, we will bring added value to our existing and future customers as we will be able to offer a more comprehensive product and service portfolio on a global scale."

Hubert Kloß, CEO of the Körber Business Area Logistics Systems, adds: "Growth in e-commerce and changing customer demands are putting a strain on supply chains and driving a trend toward continuous process improvements. Centriq is a major international player for products that enable higher efficiency in warehousing with direct delivery capability into global blue-chip organizations. The voice solutions of Voiteq for example keep workers' hands and eyes free, improving comfort, productivity and accuracy. This addition to our Business Area will establish Körber Logistics Systems as one of the globally leading suppliers of voice technology in logistics."

David Stanhope, CEO of Centriq Group, Ltd., says: "Speaking on behalf of the whole management team at Centriq, we are very excited about joining the successful Logistics Systems Business Area and the Körber Group as a whole. For our team of technical experts that serves some 300 clients at 500 sites with award-winning products already, the prospect of joint further growth comes at the right time." He further explains: "We estimate that more than 90% of warehouses across the world are yet to adopt voice technology. Together with the existing SCM portfolio of Körber Logistics Systems, we will be able to strengthen our international platform and - thanks to the integrated offerings portfolio - provide more benefits for our customers."

--- End ---

About Körber
Körber AG is the holding company for an international technology Group with approx. 12,000 employees around the world. The Group comprises leading-edge technology companies and more than 140 production, service, and sales entities. At locations around the globe, Körber combines the benefits of a globally-present organization with the strengths of highly-specialized, flexible, medium-sized enterprises that offer their customers solutions, products, and services in the Business Areas of Automation, Logistics Systems, Machine Tools, Pharma Systems, Tissue, Tobacco, Corporate Ventures and Körber Digital.

About Körber Logistics Systems
The Business Area Logistics Systems, belonging to the international technology group Körber and based in Bad Nauheim, Germany, is the leading provider of fully integrated applications for the optimization of complex internal and external logistics processes. Under the umbrella brand Körber Logistics, the Business Area provides digital solutions for smart factories (production logistics), warehouses, e-commerce, and the management of entire supply chains. In three Business Units, the umbrella brand unites the companies Aberle GmbH and Consoveyo S.A. (System Integration), Langhammer GmbH and Riantics A/S (Product Solutions), Inconso AG, Aberle Software GmbH, HighJump and DMLogic LLC (Software). They offer an extensive range of products and services, from system integration to technologies for storage, palletizing, de-palletizing and conveyor systems, through to software.
About Centriq Group Ltd.

Centriq Group provides innovative IT solutions in the logistics, supply chain and retail sectors around the world. Centriq Group acts as a holding company for the following subsidiaries: Voiteq Ltd, Voiteq Inc, Cirrus Logistics Ltd and Cirrus Logistics Inc. Voiteq provides voice software solutions and services with its "VoiceMan" product suite. Cirrus provides decision support software solutions and services with its "CLASS", "COST2SERV" and Marine Enterprise Suite (MES) applications. The company's headquarters are located in Blackpool (UK) with additional offices in Basingstoke (UK), Atlanta (USA), Berlin (Germany), Troyes and Aix-en-Provence (France).
Further information is available at www.koerber.de/en, www.koerber-logistics.com/

The Latest

More Stories

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less

Featured

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less
ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution forreal-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Keep ReadingShow less
Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.

The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.

Keep ReadingShow less