Software and technology company Dematic Group acquired FSU Investments Limited, which holds a majority stake in European materials handling provider SDI Group Limited. Dematic plans to purchase the remaining stake in SDI from shareholders. Manitoulin Transport, a trucking company, purchased the less-than-truckload division of Hi-Way 13, a carrier with a strong presence in western Canada. From the acquisition, Manitoulin gains the division's tractor and trailer fleets, and a network of Alberta terminals in Calgary, Edmonton, Provost, Wetaskiwin, and Camrose. Paragon Software Systems, a provider of truck routing and scheduling solutions, bought software developer Axida. The two companies already share several clients and had jointly developed multiple software solutions. They continue to operate as separate entities.
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