Component Logic acquires SDI Industries
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Component Logic acquires SDI Industries


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With the acquisition, SDI Industries will turn into an AutoStore integrator. | Supply: Component Logic

Component Logic has acquired SDI Industries. The acquisition helps Component Logic develop to america and Latin America. The small print of the deal weren’t disclosed. 

Component Logic is a specialised integrator for AutoStore, an automatic warehouse answer. With the acquisition, Component Logic plans to leverage SDI’s eight U.S. places and 5 Latin American places and make SDI an AutoStore integrator as nicely.

“I sit up for having SDI Industries on board. This acquisition is a vital milestone of our technique of changing into the main integrator for automated warehouse options globally. With SDI we see an unimaginable alternative to enter the extremely engaging American market along with a companion that accelerates our development technique,” Dag-Adler Blakseth, co-founder and CEO of Component Logic, stated.

SDI is a supplier of turnkey automation options and sortation programs. SDI’s group of round 200 specialists will be a part of Component Logic’s group of round 275. The acquisition additionally permits Component Logic to develop its product providing by bringing SDI’s sortation programs into the fold.

“We’re thrilled to be a part of the Component Logic group and having a companion with a shared imaginative and prescient and related tradition in addition to years of experience,” Krish Nathan, CEO of SDI, stated. “We sit up for rising along with Component Logic and the alternatives the partnership will deliver.” 

Component Logic was acquired by Castik Capital, a European personal fairness investor, in July 2021, and that is the corporate’s first acquisition since then. It expects the deal to shut within the second quarter of 2022.

Through the deal, Component Logic was suggested by PwC, Kutak Rock and Houlihan Lokey. SDI was suggested by Alta Capital Companions, Clapp Kelner and Kirsch Kohn & Bridge. 

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