Dematic completes acquisition of Reddwerks
Dematic, a global supplier of integrated automated technology, software and services to optimize the supply chain, announced today the completion of its acquisition of Reddwerks Corporation. The acquired company is a leading innovator of Warehouse Execution Software (WES) that provides customers with real-time decision engines to optimize 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 fulfillment 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 optimize 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 maximizes employee efficiency and minimizes customer investment.”
Headquartered in Austin, Texas, Dematic Reddwerks provides solutions for seamless order fulfillment 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 organization 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.
