Appointment of Mark Stevenson as Chief Sales Officer
BALYO (Paris:BALYO) (FR0013258399, Ticker: BALYO, eligible for PEA-PME savings schemes), a technological leader in the design and development of innovative robotic solutions for material handling trucks, today announces the opening of its own logistics distribution center, the ideal site for pursuing its technological innovations at full scale and receiving clients and partners.
The new site in Moissy-Cramayel, south-east of Paris, forms part of a Prologis logistics platform, home to leading logistics operators.
BALYO has decided to partner with FM Logistic who will be in charge of operating this fulfillment logistics platform. The aim of this collaboration between the technological market leader in the design and development of innovative robotic solutions for material handling trucks and the supply chain expert is to develop, together and rapidly, one of the leading mobile robotics logistics centers in France and Europe, not just for clients but also for schools and universities.
The BALYO fulfillment center, formerly operated by a 3PL provider, is now an operational center handling pallet movements autonomously with BALYO’s robots for all applications, from dock-to-dock. Operations are performed under real-life conditions representative to those in distribution or production centers.
The Company has started to sell more than 5,000 pallet storage spaces. As part of their collaboration, FM Logistic – a longstanding partner and client of BALYO – will provide its expertise in the operational management of the site’s logistics activities.
“We are very proud to be working alongside BALYO to operate this reference center. With this partnership, we will be able to provide our expertise as a supply chain operator, and learn from the latest innovations and functionalities in mobile robotics applied to pallet movements. Our industry is undergoing numerous changes, in which innovation plays a major role in making a difference and responding to our clients’ demands.” Yannick Buisson, Chief Executive Officer France, Central Europe and Western Europe – FM Logistic
In addition, the diverse nature of the logistics flows handled will enable BALYO to step up the pace of ongoing improvement of the OS and technological bricks embedded into the robots.
BALYO can already announce that negotiations are in progress to launch similar initiatives in Southeast Asia, as well as in the US market.
The Company is also pleased to announce the arrival of a new Chief Sales Officer, Mark Stevenson, in July. Mark, an American who has lived in Europe for many years, has worked for more than 20 years in mobile robotics at well-known companies such as JBT and Dematic. His international experience in direct and indirect sales business development will constitute an advantage for BALYO in stepping up the marketing of its solutions around the world. Mark will be responsible for the Group’s sales and marketing, as well as client service.
Pascal Rialland, CEO of BALYO, comments: “With this site, BALYO has gained a tool that lives up to its ambitions to maintain its technological leading position by continuing to innovate for the benefit of our clients. The site is also a fantastic opportunity to boost our business momentum, as we can now clearly show our clients and prospects the full added value that our robots offer in complex environments and for a variety of logistics applications. We are also honored to welcome a longstanding client and partner, FM Logistic, which through this collaboration has confirmed the quality and relevance of our solutions and will be an essential ally in making the center a world leader and an operating success. Lastly, I am very pleased to welcome Mark on board, who confirms the considerable potential for stepping up the pace of our development that a center of this kind represents.”
Next financial release: first half 2021 sales revenues on July 22, 2021.
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