Toyota Industrial Equipment Finland Oy (TIEF) and BT Varastotekniikka Oy (BTVOY) will merge to form a leading player in the Finnish materials handling market, a TIEF statement said.

Toyota Material Handling Finland Oy (TMHF), the new company, will offer Toyota, BT and Kalmar forklifts and Mecalux racking to Finnish customers.

BTVOY is responsible for sales and service of BT warehouse equipment. Kesko Agro Ltd subsidiary Konekesko Oy has a 10 per cent shareholding in BTVOY (Forkliftaction.com News #235).

Toyota Material Handling Europe (TMHE) Christer Högberg said in a statement:
"Toyota and BT have been successful in the Finnish market for more than 35 years. The creation of this new organisation combines our long experience to give to customers a full product line up backed by an unmatched sales and service network."