Key Takeaways
- • American Industrial Partners (AIP) completed its acquisition of Honeywell's Intelligrated and Transnorm divisions in April 2026 and has now integrated both businesses with systems integrator Trew to form a unified warehouse automation platform.
- • The combined entity generated more than $1 billion in revenue in 2025 and employs over 3,700 people across North America, South America, Europe, and Asia, with capabilities spanning systems integration, conveyor systems, sortation, robotics, AS/RS, palletizing, software, controls, and lifecycle services.
- • Alfred Rebello, who has 35+ years of experience in material handling and warehouse automation across both Trew and Intelligrated, was named CEO of the newly formed group, bringing institutional knowledge of the combined operations.
- • The three businesses will continue operating under their existing brands with uninterrupted customer service, while aligning operations, products, support teams, and customer relationships across the combined platform.
- • AIP's strategy of integrating Intelligrated, Transnorm, and Trew positions the firm to serve customers across retail, e-commerce, manufacturing, distribution, and parcel operations with an end-to-end warehouse automation solution.
Summary
American Industrial Partners, a New York-based private equity firm, has completed the integration of three major warehouse automation businesses—Intelligrated, Transnorm, and Trew—into a unified platform designed to serve customers across retail, e-commerce, manufacturing, distribution, and parcel operations. The transaction represents a significant consolidation in the automated material handling sector, combining AIP's existing investment in Trew (acquired in 2023) with Honeywell's Intelligrated and Transnorm divisions, which AIP acquired in April 2026.
The combined organization generated more than $1 billion in revenue in 2025 and employs more than 3,700 people globally across North America, South America, Europe, and Asia. The consolidated portfolio includes integrated capabilities in systems integration, conveyor systems, sortation equipment, robotics, automated storage and retrieval (AS/RS) systems, palletizing solutions, software platforms, controls, and lifecycle services. This breadth of offerings positions the combined entity as a comprehensive warehouse automation provider capable of handling complex, end-to-end customer requirements.
Alfred Rebello has been appointed CEO of the newly formed group, bringing more than 35 years of direct experience in material handling and warehouse automation. Rebello's background spans both Trew and Intelligrated—he was instrumental in building Intelligrated from its founding in 2001 and served as Senior Vice President of Operations through Honeywell's ownership, before joining Trew as President and Chief Operating Officer in 2022 and advancing to CEO in 2023. His deep familiarity with both organizations positions him to lead the operational alignment.
AIP has signaled that Intelligrated, Trew, and Transnorm will maintain their existing brand identities during the integration process. Customer operations will proceed uninterrupted while the three organizations align their internal functions, with products, services, contracts, support teams, and customer relationships remaining intact. This approach prioritizes business continuity while consolidating backend operations to capture synergies across the combined platform.
The combined organization generated more than $1 billion in revenue in 2025 and employs more than 3,700 people globally across North America, South America, Europe, and Asia. The consolidated portfolio includes integrated capabilities in systems integration, conveyor systems, sortation equipment, robotics, automated storage and retrieval (AS/RS) systems, palletizing solutions, software platforms, controls, and lifecycle services. This breadth of offerings positions the combined entity as a comprehensive warehouse automation provider capable of handling complex, end-to-end customer requirements.
Alfred Rebello has been appointed CEO of the newly formed group, bringing more than 35 years of direct experience in material handling and warehouse automation. Rebello's background spans both Trew and Intelligrated—he was instrumental in building Intelligrated from its founding in 2001 and served as Senior Vice President of Operations through Honeywell's ownership, before joining Trew as President and Chief Operating Officer in 2022 and advancing to CEO in 2023. His deep familiarity with both organizations positions him to lead the operational alignment.
AIP has signaled that Intelligrated, Trew, and Transnorm will maintain their existing brand identities during the integration process. Customer operations will proceed uninterrupted while the three organizations align their internal functions, with products, services, contracts, support teams, and customer relationships remaining intact. This approach prioritizes business continuity while consolidating backend operations to capture synergies across the combined platform.
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