Modula S.p.A. Announces Successful Acquisition of Belgian Distributor and Integrator
Modula S.p.A., a leading Italian company in the intralogistics sector, is pleased to announce the successful acquisition of Vanas Engineering BV, our esteemed distributor in the Benelux region for over a decade. This strategic acquisition marks a significant milestone in our growth and expansion strategy.
Vanas Engineering has been a trusted partner, providing exceptional distribution services for more than 10 years. In addition to their role as our distributor, they have also established themselves as integrators, offering a comprehensive portfolio of solutions that align perfectly with our vision and objectives.
This acquisition will enable Modula to enhance its service offerings and broaden its market presence in the Benelux region. By integrating Vanas Engineering’s extensive expertise and innovative solutions, we aim to deliver even greater value to our customers and strengthen our position as a leader in the intralogistics industry.
“We are happy to welcome Vans Engineering into the Modula family,” said Franco Stefani, President of Modula. “Their impressive track record and deep understanding of the market make them an ideal partner as we continue to expand our footprint and deliver superior solutions to our clients.”
The buyer has been assisted in this operation by PwC in Italy, Belgium and The Netherlands, ensuring a smooth and efficient transaction process. The acquisition is expected to bring about numerous synergies, an expanded customer base, and the ability to offer a more diverse range of products and services. Our combined strengths will enable us to better serve our clients’ evolving needs and drive innovation within the industry.
Andy Van Mieghem (Managing Director Vanas Engineering): “I’m excited to start this new collaboration where the product leadership of Modula VLM’s combined with the Vanas Integrator approach will strengthen our continued growth in the BeNeLux.”
We would like to thank our teams for their hard work and dedication in bringing this acquisition to fruition. We are excited about the opportunities that lie ahead and are confident that this partnership will be highly beneficial for all stakeholders involved.