Retrotech and Savoye combine global service and support

SAVOYE, European specialist in logistics automated systems, has completed an agreement to purchase all outstanding shares of RETROTECH Inc., privately held engineering services firm, based in New York State. The combination of both companies represents approx 100 million euros annual revenues. By this acquisition, SAVOYE gets a complementary offer and a strong local support.

  “RETROTECH has earned a solid reputation for first rate engineering services and support that we can now offer to our American customers” said Frédéric MANCION President of SAVOYE.“We look forward to building upon the Retrotech name, employees, location, and management team led by President Pete Hartman.”

SAVOYE integrates equipment for automated order preparation and fulfillment, mechanized packaging for shipping, high-speed sorting and pallet handling. The firm also develops software solutions for warehousing, transport and supply-chain flows.

RETROTECH, pioneered the Automated Storage / Retrieval Systems (ASRS) modernization business in 1985 and they’ve commissioned some of North America’s largest automated warehouses. 

“SAVOYE and RETROTECH together offer customers a wider range of capabilities and expertise within a disciplined process focused on business results” said Pete Hartman, President. 

“We anticipate this combination will have a positive impact on our employees and existing business relationships with customers and suppliers, especially multinational clients” said SAVOYE President Frédéric MANCION. 

ABOUT SAVOYE : SAVOYE, Division of Groupe Legris Industries, is a logistics engineering firm including design, manufacturing and integration of logistics systems, with 550 employees and over 1,000 customers globally. It earned revenues of 82 M€ in 2009 primarily from equipment manufacturing, systems engineering, and software development.