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Hy-Tek Holdings is a robotics integrator that provides merchandise for purchasers in e-commerce, third-party logistics and parcel dealing with. | Source: Hy-Tek Intralogistics
Hy-Tek Intralogistics is kicking off the brand new yr with one other acquisition. The firm introduced that it has acquired Winchester Industrial Controls for an undisclosed quantity. The acquisition was introduced by Hy-Tek’s CEO Sam Grooms.
“Hy-Tek’s acquisition of Winchester Controls broadens our offerings as the predominant player in material handling. With the addition of Winchester Industrial Controls’ highly experienced team, Hy-Tek further enhances its ability to execute concurrent large-scale projects in support of our enterprise logistics platform, ” Grooms mentioned in a launch.
Winchester Industrial Controls is a Bristol, Connecticut-based supplier of management techniques and set up for automated materials dealing with techniques. Hy-Tek is a cloth dealing with automation integrator with clients throughout industries together with e-commerce, third-party logistics and parcel dealing with.
Hy-Tek acquired two corporations in 2022. In March, it acquired FASCOR, a Cincinnati-based supplier of proprietary provide chain execution software program, and LCS, a techniques integrator in Henry, Ohio. Financial particulars of the offers weren’t disclosed.
In January 2022, Hy-Tek acquired Advanced Handling Systems (AHS). AHS can also be a cloth dealing with automation integrator. It makes a speciality of automating eCommerce, manufacturing, pharmaceutical, retail, meals and beverage and wholesale operations. AHS is situated in Erlanger, Ky., and was established in 1967.
Hy-Tek Intralogistics was based in 1963 and is a portfolio firm of Dunes Point Capital. The firm relies in Columbus, Ohio, and has clients within the United States, Canada and Mexico.