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Dematic Dematic is a material handling and logistics automation company based in Luxembourg. It has production and management sites in Europe, China, Australia and the USA and is represented in 35 countries on all continents. With an installed base of over 5,000 systems, the company has around 4,000 employees worldwide and generates a global business volume of approx. 1 billion Euros. ==History== Dematic Group S.à r.l. based in Luxembourg was recently formed, yet the company has a long tradition. It began in 1819 in Wetter (Ruhr) / Germany with the founding of Demag, which was incorporated in 1973 by Mannesmann. After the acquisition of U.S. Rapistan (specialized in conveyor systems), Mannesmann DEMAG Fördertechnik AG was established. In 1993, Australian racking and shelving manufacturer Colby was added, and in 1997 the company was renamed to Mannesmann Dematic AG. Four years later, Siemens bought the company and merged it with its own logistics activities to form Siemens Dematic AG. In 2006 Siemens carved out the industrial and distribution logistics portion as Dematic GmbH & Co. KG. In the same year, the investment firm Triton acquired the majority of shares. On September 15, 2010, Dematic Group successfully completed the acquisition of HK Systems, a North American automated material handling and software solutions provider. The expanded manufacturing footprint allows Dematic to manufacture within the USA storage and retrieval machines and automated guided vehicles in addition to conveyor, sortation and order fulfillment technology. On December 28, 2012, AEA Investors LP ("AEA") and Teachers' Private Capital ("TPC"), the private investment division of the Ontario Teachers’ Pension Plan, completed their acquisition of Dematic from private equity firm Triton.
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