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Hy-Tek Holdings integrates autonomous cell robots from Cellular Industrial Robots (MiR) | Credit score: MiR
Materials dealing with automation integrator Hy-Tek Holdings continues to broaden by way of acquisition. Columbus, Ohio-based Hy-Tek has acquired FASCOR, a Cincinnati-based supplier of proprietary provide chain execution software program, and LCS, a programs integrator in Henry, Ohio. Monetary particulars of the offers weren’t disclosed.
The businesses will function as Hy-Tek Materials Dealing with and repair prospects working in e-commerce, third-party logistics, and parcel functions.
“Hy-Tek’s acquisitions of FASCOR and LCS broaden our choices because the predominant participant in materials dealing with and built-in programs (IS),” mentioned Hy-Tek Holdings CEO Sam Grooms. “With FASCOR, Hy-Tek helms the provision chain, delivering sturdy, agile, inexpensive execution, transportation, and stock administration software program options. LCS, a long-standing Hy-Tek companion, expands our IS attain. Dedicated to progress, Hy-Tek all the time is in search of best-of-breed firms to hitch us,” mentioned Grooms.
In January 2022, Hy-Tek acquired Superior Dealing with Programs (AHS). AHS can also be a cloth dealing with automation integrator. It focuses on automating eCommerce, manufacturing, pharmaceutical, retail, meals and beverage and wholesale operations. AHS is situated in Erlanger, Ky., and was established in 1967.
Hy-Tek Holdings was based in 1963 and is a portfolio firm of Dunes Level Capital.
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