Renovotec, which provides end-to-end technology solutions for supply chain and retail, has acquired a majority stake in Skywire Australia and New Zealand (Skywire).
Skywire develops mobility solutions across a range of sectors, including warehouse and distribution, transport and logistics, retail, field sales and services, among others.
Read more: Renovotec and Fetch Robotics partner to develop warehouse solutions
As part of the acquisition, Skywire will implement UK firm’s robotics and automation solutions, as well as other new technologies, into its service offering.
One of Renovotec’s key offerings are rugged mobile hardware, with Skywire hoping to benefit from the former’s expertise in mobile technology, industrial print, wireless networking, voice and robotics to improve its operations and clientele in the APAC region.
James Shepherd, CEO of Skywire, said: “This acquisition by Renovotec is not merely an expansion but a merger of complementary strengths.
“We are excited to introduce Renovotec’s renowned “Guardian” managed service solution across our regions, coupled with their advanced technologies in robotics, scanning, and warehouse automation.
“This integration signifies an enhancement in our service offerings and a promise of greater value to our esteemed clients.”
One motivation behind the acquisition was the expansion of Renovotec’s global presence, with this being its sixth acquisition and the first in the APAC region.
With headquarters in Sydney and offices in Melbourne, Skywire works with customers to provide wireless mobility services across Australia and New Zealand.
Carlos Ferraz, the former Skywire Chairman, will retain a significant minority shareholding in the company, and the current CEO will remain in his position.
