GAM acquires Grupo Ascendum's material handling business in Portugal

Spain's GAM acquired the material handling operations of Portuguese Grupo Ascendum, including Hyster and Yale forklift dealerships in Portugal, for €4 million, adding 22 employees.

“Spain's GAM has acquired the material handling operations of Portuguese company Grupo Ascendum, including dealerships in Portugal for Hyster and Yale forklifts.”internationalrentalnews.com

• 2 sources
• internationalrentalnews.comGAM buys Portuguese material handling business - International Rental NewsMurray PollokAug 6, 2021
• supplychainmagazine.ptGAM adquire divisão de movimentação de cargas do Grupo Ascendum - Supply Chain MagazineAna PaivaSep 6, 2021

Summarized from public sources; check the original articles before acting on it.