# Cascade Corporation acquires Scana Steel Booforge AB

Cascade Corporation, owned by Toyota Industries, acquired the whole of Sweden-based Scana Steel Booforge AB from Incus Investor ASA to increase its FLT fork manufacturing capabilities.

- Type: Acquisition
- Announced: 2019-05-01
- Where: Sweden, Sweden
- Status: completed
- Products: forklift forks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Incus Investor ASA](https://endata.com/companies/620.md) (partner)
- [Cascade Corporation](https://endata.com/companies/38671.md) (acquirer)
- [Scana Steel Booforge AB](https://endata.com/companies/39214.md) (target)

## Sources

- [worldcargonews.com](https://www.worldcargonews.com/cargo-handling-equipment/2019/05/cascade-buys-forks-maker/), 2019-05-01: "Lift truck attachments specialist Cascade Corporation, which is now owned by Toyota Industries Corporation, has increased its FLT fork manufacturing capabilities by acquiring the whole of Sweden-based Scana Steel Booforge AB from Incus Investor ASA."

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