REYL Corporate Finance (REYL CF), the investment banking arm of REYL Intesa Sanpaolo (REYL), acts as sole financial advisor to Toyota Industries Corporation (“TICO”) for the acquisition of the viastore Group (“viastore”), a German leading logistics system
Based in Japan, TICO is a leading listed industrial conglomerate, specialised in three distinct segments: automotive (manufacture of vehicles and components), textile machinery and
material handling. TICO has approximatively 67,000 employees and generated revenues of ¥3 trillion in FY 2021, throughout 256 consolidated subsidiary companies.
The owners of viastore, a market leading provider of intralogistics systems, software and ser-vices, have agreed to sell all their shares to TICO. With its long-standing experience and its broad product portfolio, viastore will complement TICO’s current offering and enable the Jap-anese conglomerate to answer all their clients’ needs in terms of intralogistics solutions, from hardware to complex automatic systems. TICO and viastore intend to pursue their growth strat-egy and capture the rising demand in Europe and North America for integrated solutions in the field of material handling. The parties have decided not to disclose further details on the transaction, which is subject to antitrust approvals and expected to close in Q3 2022.