# Material Handling Group USA acquires Liftec Inc.

Material Handling Group USA, sister company of Fraza, acquired Liftec Inc., a forklift dealer based in New Jersey serving New York, New Jersey, and Pennsylvania. The acquisition expands operations outside Michigan for the first time.

- Type: Acquisition
- Announced: 2023-01-06
- Where: New Jersey, United States
- Status: announced
- Products: forklifts, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Material Handling Group USA](https://endata.com/companies/16028.md) (acquirer)
- [Fraza](https://endata.com/companies/67726.md) (partner)
- [Liftec Inc.](https://endata.com/companies/67727.md) (target)

## Sources

- [dbusiness.com](https://www.dbusiness.com/daily-news/canton-townships-material-handling-group-acquires-material-handling-firm/), 2023-01-06: "Bringing Liftec on board aligns with our mission to be the best service organization, period."

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