# GNCO (Towlift) acquires Cromer Material Handling

GNCO, parent company of Towlift Inc., acquired Cromer Material Handling, a California-based forklift and material handling equipment dealer with six facilities. No financial terms were disclosed. Cromer founder Marshall Cromer will continue to lead the company.

- Type: Acquisition
- Announced: 2021-05-27
- Where: Oakland, California, United States
- Status: completed
- Products: forklifts, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [GNCO](https://endata.com/companies/55431.md) (acquirer)
- [Towlift](https://endata.com/companies/55432.md) (acquirer)
- [Cromer Material Handling](https://endata.com/companies/55433.md) (target)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/towlift-buys-cromer-material-handling.aspx?n=24810), 2021-05-27: "I've known the guys at Towlift for years now; they're good people."

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