# Toyota Industries North America finalizes acquisition of Hoist Liftruck

Toyota Industries North America Inc. finalized its acquisition of Hoist Liftruck Mfg. LLC, adding heavy-duty lift trucks to its catalog. Hoist has been rebranded as Hoist Material Handling Inc. and will be managed by Toyota Material Handling USA.

- Type: Acquisition
- Announced: 2019-03-31
- Where: East Chicago, Indiana, United States
- Status: completed
- Products: heavy-duty lift trucks, container handlers, reach stackers
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Toyota Material Handling, USA](https://endata.com/companies/36598.md) (partner)
- [Toyota Industries North America](https://endata.com/companies/37280.md) (acquirer)
- [Hoist Liftruck Mfg.](https://endata.com/companies/37295.md) (target)
- [Hoist Material Handling](https://endata.com/companies/38384.md) (target)

## Sources

- [dcvelocity.com](https://www.dcvelocity.com/articles/30592-toyota-finalizes-acquisition-of-hoist-liftruck), 2019-04-01: "Toyota Industries North America Inc. has finalized its acquisition of Hoist Liftruck Mfg. LLC, officially adding a new family of vehicles to its line of heavy-duty equipment"
- [hoistlift.com](https://www.hoistlift.com/toyota-industries-north-america-formally-acquires-hoist/), 2019-04-01: "The assets of Hoist Liftruck Mfg., LLC, have been acquired by Toyota Industries North America, Inc., effective April 1, 2019."
- [mmh.com](https://www.mmh.com/article/toyota_industries_north_america_formally_acquires_hoist), 2019-04-02: "This is the perfect next step in the expansion of our big truck strategy."
- [insidelogistics.ca](https://www.insidelogistics.ca/mergers-acquisitions/toyota-completes-hoist-acquisition-154824/), 2019-04-03: "This is the perfect next step in the expansion of our big truck strategy."
- [ien.com](https://www.ien.com/operations/news/21068109/toyota-industries-north-america-formally-acquires-hoist), 2019-05-09: "The assets of Hoist Liftruck Mfg., LLC, have been acquired by Toyota Industries North America, Inc., effective April 1, 2019."

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