Vanderlande, a specialist in future-proof logistic process automation for warehousing, airports, and parcel sectors, has finalized an agreement to acquire Siemens Logistics. Siemens Logistics, a provider of value-added baggage and cargo handling solutions, as well as digital solutions for future airport operations, was previously owned by Siemens. This acquisition has garnered full approval and backing from the Supervisory and Management Boards of both Vanderlande and its parent company, Toyota Industries Corporation (TICO), along with the Management Board of Siemens. The acquisition is set to establish a strong base for Vanderlande's sustainable growth in the broader automated logistics market, leveraging the significant and dependable performance of its airport business. Andrew Manship, President & CEO of Vanderlande, stated, "Siemens Logistics' innovative approach and robust business model are a perfect match for Vanderlande's future vision. Their forward-thinking and innovative spirit demonstrates their capacity to adapt to evolving market dynamics. Our customers will gain access to an expanded portfolio of solutions and services, empowering them to tackle their challenges more effectively." He added, "As a highly respected provider of airport logistics solutions, Siemens Logistics boasts an excellent reputation in baggage and air-cargo handling. In collaboration with Vanderlande and our dedicated global teams, we are eager to inject new energy into the airport industry."