Alantra advises Alstef Group on the acquisition of Solution Net Systems
Paris & Boston – Alantra announces that it has advised Alstef Group on the acquisition of Solution Net Systems LLC (SNS), a US-based leader in automated parcel handling systems.
Alstef Group designs, integrates and supports automated turnkey solutions for the airport, intralogistics and parcel markets. Its mission is to create intelligent solutions that not only meet the needs of its customers, but also provide them with the long-term benefits of a tailor-made automated system that is eco-designed, efficient, scalable and innovative. Established in 16 countries and with installed systems on all five continents, Alstef Group has more than 800 employees. The group generated revenue over €160 million in 2022.
Solution Net Systems, a US-based global leader, designs and integrates configurable solutions for the e-commerce, food, pharmaceutical, postal, retail, third-party logistics (3PL), and transportation and distribution. With a focus on improved operational efficiency, SNS provides a comprehensive, tailored approach to logistics, encompassing robust design, engineering, and integration, along with installation, program management, and technical support.
The acquisition of SNS extends Alstef Group’s global footprint and harmonizes its existing range of products and services in its parcel handling automation division. Solution Net Systems will benefit from Alstef Group’s recognized reputation, global footprint, and capabilities in the material handling market to accelerate its development.
“This transaction is a further illustration of Alantra’s ability to support its customers in complex international transactions,” said Florian Touchard, Partner of Alantra.
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