K.Hartwall becomes majority shareholder of A&A
K.Hartwall, a Finnish provider of returnable logistics solutions, has acquired the Germany-based A&A Logistik-Equipment.
Founded in 1932 in Söderkulla, Finland, K. Hartwall develop logistics solutions primarily aimed at retail companies, postal services and the automotive industry.
A&A was founded in 1992 and is located in Heidenau near Hamburg, Germany. The business is currently divided into two core segments: standard equipment and special projects for customers in various industrial segments.
Frank Haltermann, CEO and co-owner of A&A, commented: “The acquisition strengthens both parts of our business by widening our expertise and product range to offer better services to our customers. A&A has always been working on developing innovative solutions to help our customers to improve the workflow within their supply chain.”
K. Hartwall CEO, Jerker Hartwall, said: “By putting together our strengths we become a major global market player in material handling equipment. K.Hartwall’s experience in Lean Logistics management and international trade gets combined with the A&A expertise. This will enable us to attract new customers and enter new markets as one strong, unified team. We are very proud of this step we are taking together.”