# UniCarriers completes merger of TCM and Nissan Forklift

UniCarriers Corporation completed the transfer of all issued shares of TCM Corporation from Hitachi Construction Machinery and all issued shares of Nissan Forklift from Nissan Motor, creating the world's fourth largest forklift company with sales of around USD 2 billion.

- Type: Acquisition
- Announced: 2016-11-25
- Where: Tokyo, Japan
- Status: completed
- Products: forklifts, warehouse equipment, container handlers
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [UniCarriers](https://endata.com/companies/740.md) (acquirer)
- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [Nissan Motor](https://endata.com/companies/19742.md) (partner)
- [TCM Corporation](https://endata.com/companies/19767.md) (target)
- [Nissan Forklift Co., Ltd](https://endata.com/companies/19768.md) (target)

## Sources

- [dongqisz.com](http://www.dongqisz.com/news/show-htm-itemid-275.html), 2016-11-25: "This is a great boost for our forklift customers in Australia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
