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Cascade Corporation, a subsidiary of Toyota Industries, has acquired all shares of Lift Technologies, Inc. (USA) and Lift-Tek Elecar S.p.A. (Italy), known as Lift-Tek, a manufacturer of forklift masts. The acquisition closed on October 26, 2021.
The European Commission approved the acquisition of parts of Hoesch Schwerter Profile GmbH (HSP) by KION Group AG and Jungheinrich AG. HSP manufactures special steel profiles used in forklift trucks and warehouse equipment.