March 24, 2017    1 minute read

Toyota Betting on E-commerce

   March 24, 2017    1 minute read

Toyota Betting on E-commerce

Toyota Industries agreed to buy Vanderlande, a Dutch logistics firm, for €1.2bn.

Editor’s Remarks: Toyota Industries is an affiliate of the Japanese carmaker of the same name. The firm is continuing its current bet on the growing e-commerce industry. Last month it bought US logistic software producer Bastian Solutions for $260m. Vanderlande, on the other hand, is well known for creating baggage and parcel handling equipment. However, it also builds systems for warehouses and other logistics firms.

What to watch: Vanderlande Industries, Toyota Industries, Bastian Solutions

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