Krones subsidiary acquires SAP consultancy firm
Syskron purchases Triacos and its intra-logistics and production-related solutions.
Mergers and Acquisitions in the Packaging Industry: 2008 Annual Deal Review
SAP consultancy firm
Syskron Holding GmbH
Syskron Holding GmbH, a Schwandorf County, Germany subsidiary specializing in intralogistics of Krones AG, Neutraubling, Germany, has purchased a 100-per-cent stake in the Triacos GmbH company.
By buying Triacos business, Syskron Holding (pictured above) has acquired corporate expertise in consultancy and the implementation of SAP (data processing of Systems, Applications and Products) solutions, focusing on production-related and intra-plant logistics, enabling it to now offer SAP standard solutions for the beverage industry, in addition to its own software packages.
The ability to integrate SAP software solutions is of crucial importance for the development of business models in the context of the “Industry 4.0” concept.
According to Wikipedia, “Industry 4.0 is a collective term for technologies and concepts of value chain organization. Based on the technological concepts of cyber-physical systems, the Internet of Things and the Internet of Services, it facilitates the vision of the Smart Factory. Within the modular structured Smart Factories of Industry 4.0, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, Cyber-physical systems communicate and cooperate with each other and humans in real time. Via the Internet of Services, both internal and cross-organizational services are offered and utilized by participants of the value chain.”
In the 2014 business year, the family-owned Triacos GmbH company, headquartered in Altenstadt an der Waldnaab, Germany, achieved a turnover of around €2-million (~CDN $2.85-million).
At Triacos, 22 SAP specialists concentrate on implementing projects for mid-tier customers in Germany. The purchase price is in the single-digit-million euro range, with the acquisition taking effect as of February 2, 2005.
For information on Krones, visit www.krones.com.