Duravant to Acquire Motion06

Engineered equipment leader Duravant expands global offerings with
signing to acquire Motion06, Austrian manufacturer of specialized
conveyor modules

DOWNERS GROVE, Ill.–(BUSINESS WIRE)–Duravant LLC (“Duravant”), a global engineered equipment and automation
solutions provider to the food processing, packaging and material
handling sectors, announced the signing to acquire Motion06 Gmbh
(“Motion06”), a leading manufacturer of machines and components for
conveyor systems. The transaction is subject to the approval of
antitrust authorities.

Headquartered in Lengau, Austria, Motion06 specializes in the design,
production and sale of high-performance belt conveyor technology;
prominently featuring a belt curve conveyor for ecommerce, parcel
distribution centers, airport baggage handling systems, and other
industrial applications. Founded in 2006, the company has conveyor
modules and components in operation at more than 65 airports worldwide
and has provided conveying solutions to ecommerce, parcel and
distribution giants around the globe.

With locations and joint ventures in Austria, Singapore and China,
Motion06 expands Duravant’s footprint in Europe and Asia.

Mike Kachmer, President and CEO of Duravant, said, “We could not have
imagined a more complementary partnership than Motion06 when considering
the existing portfolio within the Duravant family of operating
companies. Our team is extremely excited about the immediate accelerated
growth opportunities this new relationship provides.”

“It is a great pleasure, together with a young and dynamic team here in
Lengau and with partners worldwide, to develop Motion06 into a leading
quality supplier of conveyor systems. The acquisition by Duravant will
result in excellent synergies and further growth opportunities as a
conveyor module and component manufacturer,” says Markus Brunninger,
Managing Director of Motion06. “We are characterized by a high level of
technical competence and a focus on customers and customer requirements,
which we solve best on a daily basis.”

The transaction brings together two global engineered equipment leaders
with complementary products, applications and connectivity solutions.
The companies’ combined expertise in automation solutions, their
commitment to innovation, coupled with their longstanding industry
relationships, expands their ability to deliver material handling
solutions that ensure greater productivity, efficiency and profitability
for customers worldwide.

About Duravant

Headquartered in Downers Grove, IL, Duravant is a global automation and
engineered equipment company with manufacturing, sales and service
facilities throughout North America, Europe and Asia. Through their
portfolio of operating companies, Duravant delivers trusted end-to-end
process solutions for customers and partners through engineering and
integration expertise, project management and operational excellence.
With worldwide sales distribution and service networks, they provide
immediate and lifetime aftermarket support to all the markets they serve
in the food processing, packaging and material handling sectors.
Duravant’s market-leading brands are synonymous with innovation,
durability and reliability. For more information, visit www.duravant.com.

About Motion06

Headquartered in Lengau, Austria, Motion06 is the leading manufacturer
of conveyor modules and material handling equipment for the ecommerce
and airport segments, with products operational in over 65 airports
globally. With a worldwide industrial presence and an active customer
base in over 42 countries, Motion06 caters to system integrators the
world over. Customers depend on Motion06’s reliably productive
tailor-made solutions paired with expert consultation and support
throughout the project lifecycle, resulting in long-term partnerships
and maximum productivity. For more information, visit www.motion06.at.

Contacts

Media Contact:
Eleni Yianas
Duravant
Vice
President, Marketing
630.635.3914
eleni.yianas@duravant.com
www.duravant.com