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The merger of MHS World, a number one international supplier of fabric dealing with automation and techniques integration, and Fortna, a number one software program and options supplier for warehouse distribution, resulted in a single mixed entity that might be often called FORTNA. The businesses convey collectively a long time of expertise within the design, improvement and supply of omnichannel and parcel distribution options.
The brand new firm enters the market with the dimensions, scale and capabilities of a world chief within the class. In a world the place rising shopper calls for regularly face off with provide chain disruption and different challenges, the newly mixed FORTNA affords partnerships and options clients can rely on to outpace the calls for of tomorrow.
“The choice to retain the legacy Fortna title was the results of cautious consideration,” stated FORTNA CEO Rob McKeel. “We selected the title FORTNA not just for the good fame the title already has out there, however due to the power and resilience embedded inside it. The notion of fortitude. Of resilience and power. It speaks to what our clients want in right now’s local weather and what they will anticipate from our partnership – the flexibility to climate the ever-changing market situations and are available out thriving.”
The businesses merged in April 2022 for an undisclosed value. Each firms belong to the funding portfolio of Thomas H. Lee Companions (THL), a non-public fairness agency that invests in middle-market progress firms. THL will stay the bulk proprietor of the mixed firm. A subsidiary of the Abu Dhabi Funding Authority acquired a minority stake within the firm to assist the deal.
MHS’s robotic options included a multi-pick robotic finish effector, a robotic singulation and induction, autonomous cellular robots and a dual-picking robotic. Fortna’s options included computerized guided autos (AGVs), autonomous cellular robots (AMRs), choosing and packing robots and an automatic storage and retrieval system (AS/RS).
“On the finish of the day, our clients have to know they’re prepared for something. Which means operations that run on the velocity of change – and the intelligence to anticipate what’s subsequent,” McKeel added. “We’re thrilled to have the ability to present the flexibility for our clients to create scalable, cost-efficient operations by automation.”
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