Jungheinrich acquires stake in Magazino
September 25, 2020
The Hamburg-based Jungheinrich AG, a company in the industrial truck, warehouse and material flow technology, has invested in the Munich-based robotics start-up Magazino. Magazino GmbH designs and builds intelligent, mobile robots that perceive their environment and make their own decisions. The company has over 100 FTEs in Munich. Other investors include Körber AG, Zalando and Fiege Logistik. Transaction details were not disclosed.
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