-
THORWORLD RELOCATION KEEPS PUCKA PADS MOVING - 48 mins ago
-
Rite-Hite’s Eclipse Dock Shelter keeping Boughey Distribution’s loading bay energy efficient and safe - about 1 hour ago
-
QUECLINK WIRELESS SOLUTIONS CELEBRATES IOT EVOLUTION ASSET TRACKING AWARD - 7 hours ago
-
DERRY BROS INTRODUCES SELF-SERVICE, ON-DEMAND SOLUTION FOR FAST AND COST-EFFECTIVE CUSTOMS DECLARATIONS - June 17, 2025
-
ARROWXL ACQUIRED BY LEADING EUROPEAN LOGISTICS GROUP - June 16, 2025
-
Prism eLogistics and Efulfilment Europe Celebrate Five-Year Partnership Driving UK-EU Ecommerce Growth - June 13, 2025
-
Pitacs selects Forterro’s Orderwise to power digital transformation, support growth and enhance ecommerce - June 13, 2025
-
SURECAM ENHANCES COACHING SYSTEM WITH NEW DRIVER APP TO TRANSFORM AI VIDEO TELEMATICS - June 12, 2025
-
DERRY BROS SIMPLIFIES CUSTOMS PROCESSES FOR ANIMAL-AND PLANT-BASED PRODUCTS WITH CHEDS AUTOMATION - June 10, 2025
-
ARROWXL APPOINTS NEW BUSINESS DEVELOPMENTMANAGER TO DRIVE GROWTH - June 6, 2025
- Renovotec turnover forecast to reach €110 million by 2024/25 (2022: €70m)
- Company acquisition targets include data capture, wireless and industrial printer specialists
- Planned European expansion to include Benelux, DACH, the Baltics and Eastern Europe
Leading supply chain hardware, software and services company Renovotec is planning a series of company acquisitions to drive its growth in Benelux, DACH (Germany, Austria and Switzerland), the Baltics and Eastern Europe, Renovotec announced today. Its corporate acquisition targets, a number of which are already under consideration include data capture, wireless and industrial printer specialists.
Renovotec forecasts that its turnover will reach 110 million Euro by 2024/25, increasing from 70 million Euro this year.
Renovotec Ltd was 75%-acquired by Stockholm-headquartered investment company Röko in March 2021. At the time Renovotec MD (now CEO) Richard Gilliard observed that “The relationship with Röko will give us greater financial firepower, enabling Renovotec to grow more rapidly through acquisition and diversification.” Now, according to Gilliard, “Renovotec will soon have a presence in every major European region, across all our target markets. We are building a strong foundation for continued growth.”