The SSI Schaefer Group, an international provider of modular warehousing and logistics solutions employing some 10,000 people, and DS Automotion, a provider of mobile robotics such as automated guided vehicles and autonomous mobile robots, have signed an agreement under which SSI Schaefer will acquire all shares in DS Automotion.
Through the new agreement, SSI Schaefer will expand the minority interest it has held since 2018 to reflect the growing importance of autonomous and mobile robotics and the AGV business in intralogistics.
The acquisition of the remaining shares will take effect on March 1st, 2023 and is subject to approval by Austria’s Federal Competition Authority. [Read more…] about SSI Schaefer fully acquires DS Automotion
With all the current talk of robots taking over the world, and replacing millions of workers everywhere, laying waste to economies and societies everywhere, it is surprising that a company known for its advanced technology is replacing robot workers with human workers. 
