# GIS AG acquires UK distributor Lift Turn Move (LTM)

GIS AG, a Swiss electric chain hoist manufacturer, acquired UK distributor Lift Turn Move (LTM), a supplier of lifting and rigging equipment. The acquisition was announced on June 29, 2018.

- Type: Acquisition
- Announced: 2018-06-29
- Where: Bromborough, United Kingdom
- Status: completed
- Products: electric chain hoists, light crane systems, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [GIS AG](https://endata.com/companies/32845.md) (acquirer)
- [Lift Turn Move](https://endata.com/companies/32846.md) (target)

## Sources

- [plsn.com](https://plsn.com/featured/gis-ag-the-swiss-based-electric-chain-hoist-manufacturer-acquires-uk-distributor-ltm/), 2018-06-29: "We are delighted to complete a strategic acquisition, mindful of our intent to continue the growth of our product range in the important UK marketplace."
- [cranesy.com](https://www.cranesy.com/gis-ag-swiss-electric-chain-hoist-manufacturer-acquires-ltm/), 2018-07-02: "We are delighted to complete a strategic acquisition, mindful of our intent to continue the growth of our product range in the important UK marketplace."

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