The TGW Logistics Group strengthens its software competencies and integrates the company Klug GmbH integrated systems into the international TGW family. This step will strengthen the competencies in the areas of IT and controls and also the position as international leading systems integrator.
As of 1st July 2014, TGW takes over the company Klug GmbH integrated systems and strengthens its software competencies in the areas of IT and controls. The TGW Group has lived a successful partnership with Klug for many years. This great relationship now leads to a 100 percent integration. Klug was founded in 1995, generates a revenue of 30 million Euros with 300 employees and will now be rebranded as TGW Software Services GmbH. The headquarters will remain in the Bavarian city of Teunz, Germany.
Klug has supplied software for renowned TGW projects, but also TGW provided mechanical equipment for systems integrator projects of Klug. iWACS®, the software developed by Klug, was implemented in many highly dynamic distribution centres of well-known customers: Bestseller, Jack Wolfskin, Weltbild or Wago are just a few of the satisfied users.
“By integrating Klug, TGW strengthen their own competencies in IT and automation and reinforce the competitiveness through the employees’ long-term experiences,” says Georg Kirchmayr, President of TGW Logistics Group. “The acquisition represents a next, significant step for our further growth on international markets.”
Together with TGW’s IT platform, iWACS complements the product portfolio of TGW. The consolidation of experts from both companies, will further strengthen TGW’s competencies.
|TGW Press Information: TGW acquires Klug integrated systems||DOCX 93.50 KB|