Matthews International (NASDAQ: MATW) today announced a global commercial partnership between its Automation Solutions business segment and Mobile Industrial Robots (MiR), a leading manufacturer of collaborative autonomous mobile robots (AMRs) and part of Teradyne Robotics, a division of Teradyne, Inc. (NASDAQ:TER).
The new partnership combines Matthews’ proven warehouse automation technologies with MiR’s advanced AMRs uniquely suited for internal transportation and material handling tasks in a variety of settings. This collaboration positions both companies to capitalize on the projected 30% CAGR (Compound Annual Growth Rate) in the AGV/AMR market by 2028, driven by rising demand in e-commerce and the flexibility of AMRs to deploy without major infrastructure changes.
The Matthews–MiR partnership promises to provide complete, integrated warehouse automation solutions that streamline picking, packing, and material movement. Matthews’ Warehouse Execution System (WES) software, picking systems, and automation expertise will complement MiR’s best-in-class AMRs, offering customers a new level of customization, flexibility, and performance. The partnership will enable businesses to seamlessly scale and optimize their operations, from production floors to distribution centres, ensuring a competitive edge in an increasingly complex marketplace.
“We are excited to partner with MiR to broaden our automation capabilities,” said Lars Vöcking, Senior Vice President and Managing Director, Matthews Industrial Automation EMEA. “Our customers face rapidly changing demands in their supply chains and distribution networks. By integrating MiR’s AMRs into our existing suite of material handling solutions, we can help them unlock new efficiencies and build a more resilient, future-ready operation.”
To date, Matthews’ Warehouse Automation solutions have been deployed in over 2,000 manufacturing and distribution centres globally, helping customers boost productivity, improve quality, and reduce operational costs.
“With its strong customer relations and significant experience servicing global brands across multiple industries, Matthews International is the perfect partner for MiR,” said Jean-Pierre Hathout, President of MiR. “Modern automation is all about cross-technology collaboration and integrability and this partnership will make it easier for operations to integrate and utilize AMRs in their business.”
