Spiere-Helkijn (Belgium) – 1 September 2021 – stow Group, a global leader in industrial storage solutions, is announcing the creation of stow Robotics, a new unit dedicated to warehouse automation.
stow Robotics will regroup all existing warehouse automation solutions for both pallets and bins, such as the stow Atlas 2D® pallet shuttles launched in 2020, and the related services and teams. The current development pipeline of warehouse automation solutions and software shall also be part of the new unit. The stow Robotics unit will be led by stow Group’s Chief Technology Officer Detlef Ganz.
In addition, stow Group is also acquiring a majority stake in Raiser Robotics, which will form part of the new unit. Raiser Robotics is a German start-up developing innovative solutions for warehouse automation, such as the e.scala®, a three-dimensional modular ASRS system for bins and boxes which launches in Q4 2021. Raiser Robotics will be led by Rainer Buchmann and his expert team and rebranded to stow Robotics GmbH.
The creation of the new unit and acquisition of Raiser Robotics is backed by The Blackstone Group, stow Group’s majority shareholder. The move reinforces and builds upon stow Group’s position as a leader in the industrial storage market with an innovative portfolio of warehouse solutions and a specific focus on the warehouse automation space.
Jos De Vuyst, CEO of stow Group, said:
“The launch of stow Robotics is a strategic milestone for our business and will create substantial synergies across our warehouse automation portfolio. We are thrilled to welcome the Raiser Robotics team to stow Group, and look forward to their extensive industry experience and expertise enhancing stow Robotics.”
Rainer Buchmann, co-founder of Raiser Robotics, said:
“We’re delighted to join forces with stow Group, a global leader in industrial storage solutions. This is the right partnership to achieve swift market penetration of e.scala® across Europe and North America, and we are proud to have our team contribute to shaping the future of stow Robotics.”
About stow Group
stow Group is one of the leading suppliers of industrial storage solutions. stow Group, headquartered in Belgium, has about 1,750 employees. The company has a pan-European production footprint with 9 industrial facilities across Europe and a global commercial organization.
Ben De Grève, Group M&A Manager
+32 499 22 15 15