We have looked at it many ways and can't find an up side. The only chance of a up side was if they were to manufacture reachstackers for ZPMC. That seems not to be the case.
Maximal have no patents on forklifts they produce the standard chines truck only 6,000 units per year so their facility is 80 percent not working. Now if Hyster move they tech over they still wont compete with Heli, HC in the small truck range and Sany and ZPMC in the ports.
If it was for Utilev like i said they could of bought many chinese other company at a much lower price.
If they move away from HC for Utilev HC will just go after there dealer network.
Just a completely bad deal for Hyster and their shareholders.
In a way it just shows how bad Hyster Yale is trying to compete with Toyota who own tailift KION with Baoli and Junghierich with their tie up with Heli.
If they are trying to get into the Asian big truck market, as Toyota Hoist are hurting them in North America. There are many better ways to do this with out wasting $100Million. Then taking a big write down in value in the next couple of years
If its to enter the big truck and port market with an electric truck this again is a waist of money. The battery size would need to be 1MW and the charging time would be to long even with quick charging.
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