Linpac Allibert, the materials handling division of the Linpac Group, has taken a 40% stake in Acqsys Supply Chain Systems.Acqsys applies bespoke financial systems and technology, such as RFID, to food and beverage firms to help them manage and monitor their assets throughout the supply chain.
These include products such as vending machines, crates for bottled water, soda syrup containers, beer kegs and wine casks.
Linpac Allibert was formed after Linpac Materials Handling bought the European materials handling division of French firm Allibert last year.
The firm offers asset management and RFID tracking services to the retail, automotive and chemical industries through its Logtek and Intellident businesses, and contributes 20% to Linpac Group's £1.1bn turnover.
Acqsys chief executive Alan Doyle said: "Acqsys is a good fit with Linpac Allibert as both businesses offer asset management and tracking services. We will be able to share our knowledge of different markets and both businesses will be exposed to a more varied customer base."
Linpac Group chief executive Mike Arrowsmith said the deal would bring together the best of both businesses to broaden the range of supply chain services they offered.
Linpac Allibert has 1,900 staff across Europe in Birmingham in the UK, Germany, Spain and France. Its head office is in Nanterre, France.
Source: packagingnews
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