# Krones x System Logistics (acquisition): partnership

Canonical ID: `849b3a0b-427f-4988-9c7d-108c39878d9c`

Krones AG acquired 60% of System Logistics S.p.A. shares from System Group, making System Logistics part of the Krones Group. The headquarters and management remain in Fiorano Modenese, Italy. System Logistics develops AS/RS, AGVs, and warehouse automation for the food & beverage industry.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [System Logistics](https://registry.deploy.report/companies/system-logistics.md) technology provider
- Krones AG _(off-registry)_ investor partner

## Timeline

- **Announced:** 2016-04-11

## Sources (1)

1. https://www.packworld.com/leaders-new/machinery/feeding-inserting-unscrambling/press-release/13370101/krones-acquires-60-of-system-logistics-shares


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