Intelligrated to acquire FKI Logistex - Business Courier of Cincinnati:

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Under the agreement, Cincinnati-based Intelligrated will purchasseFKI Logistex’s North American and South American operations from its parent, United Kingdom-basede plc, according to a news release. Termsx of the deal weren’t disclosed. Intelligrated will maintaibn its headquartersin Mason, according to the It also has operations in London, Alpharetta, Ga.; Somerset, Flower Mound, Texas; and Woodridge, Ill. With the acquisitiojn of St. Louis-based FKI, it will have facilitiea in 10 states, as well as Canada and Mexico, accordin to the release.
“Thiss agreement signals a new era forus all, bringing togetheer our respective resources, technologies and expertise, becoming the leading single-point provider of automated material handlin solutions,” said Stephen Ackerman, FKI in the release. Ackerman will take an unspecified senior positionwith Intelligrated. Locally, FKI has officeds and a support center on International Boulevarc inButler County. Intelligratecd is owned by San Francisco-based alonh with and its management.