Material handling automation provider Interroll Holding AG has acquired Royal Apollo Group, a Netherlands-based provider of vertical conveying, logistics, and baling solutions.Royal Apollo has three manufacturing sites and a global sales, service and spare parts organization supporting customers across the full system lifecycle, from installation and commissioning to maintenance, modernization, and parts supply.“With this acquisition, we add Royal Apollo Group’s spiral conveyor technology to Interroll’s conveying portfolio, closing a gap in our offering and strengthening our lifecycle services and spare parts business,” said Markus Asch, CEO of Interroll. “The businesses are complementary, and we will focus on integration and making this product range available to our customers and system integrators worldwide as well as new customers that we will be able to reach thanks to this move”.Terms of the deal were not disclosed. But Royal Apollo said the move will expand its market reach. “This move gives us access to Interroll’s much wider global network, an opportunity we would not have had if we remained independent,” Claudia van den Pol, CEO and owner of Royal Apollo Group, said in a release. “Our products and services complement Interroll’s offering well, and together we will combine our strengths to align product development, operations, and go-to-market activities over time.”
