DLL, a Dutch-based provider of asset finance active in over 30 countries, said it plans to grow its activities in the global intralogistics market.
This includes providing products and services tailored for warehouse automation projects, such as picking systems, automated storage solutions, conveyor systems, automated guided vehicles (AGVs), automated sorting solutions, robot palletising systems, baggage transport and sorting solutions.
The global increase in e-commerce, and urgent need for efficiency, cost reduction and flexibility has accelerated the need for automation in supply chain operations, DLL said.
Therefore, significant growth is foreseen in the Intralogistics segment across several industries in the coming years, DLL said. The market was valued at $15bn (€12.7bn) in 2019 and is expected to be worth $30bn (€25.3bn) by 2026, according to the latest post-pandemic report from LogisticsIQTM.
“DLL has always been focused on the warehouse and logistics market and we offer our customers smart, customised and flexible financial solutions that help improve business continuity and reduce Total Cost of Operation (TCO).
“As such, we enable equipment users to more easily adopt advanced technology,” says Neal Garnett, global business unit president of construction transportation and industrial at DLL.
DLL’s Intralogistics business will be led by Marco Wagner, who has over 20 years of experience in the industry. As global head of intralogistics he will lead a team of regional experts dedicated to servicing partners and customers in this industry.
“The Intralogistics market has been one of steady growth areas and we anticipate continued positive developments across the globe. Following several successful transactions, we are excited and more than ready to expand our activities in this market,” said Marco Wagner of DLL.
Last month, De Lage Landen said it had entered into a partnership with Mitsubishi Logisnext Europe (MLE), part of Mitsubishi Logisnext (ML), a provider of logistics and materials handling.