Dematic completes acquisition of Reddwerks

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Dematic, global supplier of integrated automated technology, software and services to optimise the supply chain, has announced the completion of its acquisition of Reddwerks Corporation.

The acquired company is a developer of Warehouse Execution Software (WES) that provides customers with real-time decision engines to optimise material and information flow in the supply chain. Reddwerks will operate as a subsidiary of Dematic under the tradename Dematic Reddwerks, offering an enhanced software suite that provides responsive order fulfilment to Dematic and Dematic Reddwerks customers.

Ulf Henriksson, Dematic President and CEO stated, "We are pleased to announce the acquisition of Reddwerks and to promote our ability to design, develop and deliver "On Demand" software solutions that will enhance automation technologies to dynamically optimise warehouse and distribution functions." Henriksson continued, "Our expanded offering will enable customers to respond to today's dynamic demands, providing a unique and unprecedented combination of automation and software that maximises employee efficiency and minimises customer investment."

Headquartered in Austin, Texas, Dematic Reddwerks provides solutions for seamless order fulfilment that help drive customer return on assets. The company offers innovation, analysis and software solutions that result in demonstrable value to both new and existing supply chain facilities.

"The Reddwerks team is excited to join the Dematic organisation and leverage our proprietary Distribution Science methodology, founded on operations research, to deliver industry leading operational performance metrics. We look forward to introducing our integrated platform and unmatched solutions to customers in the modern apparel, retail, manufacturing and general merchandise market sectors," stated Alex Ramirez, Dematic Reddwerks Vice President.

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