Toyota completes acquisition of Vanderlande

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Toyota Industries Corporation (TICO), the parent company of Toyota Motors and a leading manufacturer of forklift vehicles, has officially completed the acquisition of Dutch automaton specialist Vanderlande.

Originally announced in March, it has been confirmed that, as of today (May 18), Vanderlande is now officially part of the TICO Group.

The transaction signifies TICO’s strategic ambition to increase its presence in automated material handling, and further cements the group’s global leading position for total solutions within this sector.

Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide.

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Dan joined Passenger Terminal World in 2014 having spent the early years of his career in the recruitment industry. As assistant editor, he now produces daily content for the website and supports the editors with the publication of each exciting new issue. When he’s not reporting on the latest aviation news, Dan can be found apprehensively planning his next DIY project.

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