# Global Material Holdings acquires Global Material Handling in MBO

Global Material Holdings Limited became the sole owner of forklift dealership Global Material Handling Ltd via a management buyout. The deal also includes a new exclusive three-year contract with Cesab Material Handling.

- Type: Acquisition
- Announced: 2018-07-30
- Where: United Kingdom
- Status: completed
- Products: forklifts, materials handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Global Material Holdings Limited](https://endata.com/companies/33400.md) (acquirer)
- [Global Material Handling Ltd](https://endata.com/companies/33401.md) (target)
- [Cesab Material Handling](https://endata.com/companies/33402.md) (partner)

## Sources

- [dwfgroup.com](https://dwfgroup.com/en/news-and-insights/press-releases/2018/7/dwf-advises-on-the-mbo-of-global-material-handling-ltd), 2018-07-30: "We are delighted to have worked with Andy Evans on this MBO which will see the business enter its next stage of growth and investment."

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