Hyster-Yale completes acquisition of controlling interest in Zhejiang Maximal Forklift

Hyster-Yale Materials Handling, Inc. completed its acquisition of 75% of the outstanding shares of Zhejiang Maximal Forklift Co., Ltd. for $90 million, renaming it Hyster-Yale Maximal Forklift (Zhejiang) Co., Ltd.

“This transaction is a strategic action that is expected to expand the Company's low-cost, global manufacturing capabilities, develop access to competitive component sourcing, further strengthen Hyster-Yale's utility and standard product portfolio.”hyster-yale.com

• 5 sources
• hyster-yale.comTransforming the way the world moves materials from Port to HomeJun 1, 2018
• ir.hyster-yale.comHyster-Yale Materials Handling, Inc. Completes Acquisition Of Controlling Interest In Zhejiang Maximal Forklift Co., Ltd. - Jun 1, 2018Jun 1, 2018
• prnewswire.comHyster-Yale Materials Handling, Inc. Completes Acquisition Of Controlling Interest In Zhejiang Maximal Forklift Co., Ltd.Hyster-Yale Materials Handling, Inc.Jun 1, 2018
• forkliftaction.comForkliftaction News edition no. #875 from 7 Jun 2018 - email versionJun 7, 2018
• forkliftaction.com

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