# Toyota Industries acquires LiftCapital Corporation in Canada

Toyota Industries Corporation completed the acquisition of LiftCapital Corporation, a Canadian sales financing company for lift truck dealers, effective May 1, 2017. The acquired entity will be renamed Toyota Industries Commercial Finance Canada, Inc.

- Type: Acquisition
- Announced: 2017-05-17
- Where: Toronto, Ontario, Canada, Canada
- Jobs: 15
- Status: completed
- Products: sales financing for lift trucks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Toyota Industries Corporation](https://endata.com/companies/7152.md) (acquirer)
- [Vanderlande](https://endata.com/companies/16925.md) (target)
- [LiftCapital Corporation](https://endata.com/companies/24332.md) (target)
- [Toyota Industries Global Commercial Finance](https://endata.com/companies/24333.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/toyota-industries-acquires-liftcapital-corporation-to-enhance-sales-finance-business-in-canada-622831123.html), 2017-05-17: "Toyota Industries Corporation completed the acquisition of LiftCapital Corporation/ Corporation LiftCapital, a Canadian sales financing company which provides financial services and solutions to lift truck dealers and other customers throughout Canada."
- [vanderlande.com](https://www.vanderlande.com/news-insights/acquisition-of-vanderlande-completed/), 2017-05-20: "Vanderlande is now officially part of the TICO group."

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