Discussion:
buyout?

I heard that Volvo sold the IR division of telehandlers, does anyone know who bought it?
  • Posted 1 Mar 2008 03:19
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
Showing items 1 - 12 of 12 results.
FYI: Someone at IR gave their switchboard operator bad information. Anyone calling IR lately about IR forklifts (VR1044C, etc) was given the phone number of Clark Material Handling Co. Clark's relationship with IR is only circumstantial through Clark's former corporate parent, Clark Equipment Co.
IR has now been advised of their error and asked to correct their phone records. Anyone with an IR forklift needs to contact Skyjack at 1-800-965-4626.
  • Posted 8 May 2009 00:28
  • By joseph_s
  • joined 8 May'09 - 4 messages
  • Kentucky, United States
Wasn't MEC ( Melville Engineering Corp ). I thought they went out years ago. I haven't heard that name in years now.
  • Posted 1 May 2008 12:48
  • By roadtek
  • joined 4 Dec'07 - 123 messages
  • Massachusetts, United States
From what I have seen and heard those MEC machines are nice. I just don't see alot of them out there.

I wonder how the support would be?
  • Posted 1 May 2008 06:14
  • By cjm8232
  • joined 23 Apr'08 - 9 messages
  • New York, United States
Wow,

It looks like those Canadians want to play big time with JLG. They just bought Carelift/Zoom boom with a full line telescopic range from 6,000 to 30,000lbs.
  • Posted 7 Mar 2008 03:36
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
mrwiliam h:

"GUELPH, ONTARIO -- (MARKET WIRE) -- 03/05/08 -- Skyjack Inc., a Linamar Company (TSX: LNR), today announced that Volvo Construction Equipment has accepted Skyjack's offer to pursue the parties' discussions relating to the purchase of selected assets of Volvo's Material Handling Equipment (MHE) Business. Volvo recently acquired this business from Ingersoll-Rand as a part of an April 2007 Road Machinery acquisition."

Google: Linamar Announces Skyjack's Offer to Purchase Volvo's Material Handling Equipment Business

Contact info:
Linamar Corporation
Crystal Roberts, Communication Manager
519.836.7550 (phone); 519.824.8479 (fax)
Google:linimar.com
  • Posted 7 Mar 2008 02:05
  • Modified 7 Mar 2008 02:30 by poster
  • By joseph_h
  • joined 19 Mar'06 - 253 messages
  • Michigan, United States
Hi,
I heard it is done and it was an auction. The buyer taking the plans and jigs from the plant and no employees. Production shut down till the move made to new home.
  • Posted 7 Mar 2008 00:38
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
Hi,
I emailed a media contact at Volvo. He says Volvo bought Ingersoll Rand's Road Development Division in April 2007. He says: "Although it is a good product (IR telehandler) it was thought not to be a sufficiently good fit for the rest of the Volvo range at present. Volvo does intend to divest that element of the acquisition, but no deal has been announced as yet."
  • Posted 6 Mar 2008 15:51
  • Modified 6 Mar 2008 15:53 by poster
  • By Chrissa
  • joined 29 Jul'05 - 10 messages
  • Queensland, Australia
your right, it is suppose to be a rebrand on the IR telehandler but Volvo isn't putting their name on it because they don't want it. Someone just bought it from Volvo from what I here.

Wm
  • Posted 6 Mar 2008 00:47
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
your right, it is suppose to be a rebrand on the IR telehandler but Volvo isn't putting their name on it because they don't want it. Someone just bought it from Volvo from what I here.

Wm
  • Posted 6 Mar 2008 00:47
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
mrwiliam h:

It may be a rebrand and not a sale.

"Volvo also acquires the eight-model VR telehandler range from Ingersoll Rand, but must rebrand IR machines within a short period although it has acquired the Blaw-Knox and ABG brand names." (ContractJournal, 03/07/07). Google: Ingersoll Rand purchase boosts Volvo expansion.

Details and specs on the Ingersoll Rand VR telehandlers are currently being downloaded from Blaw-Knox.
  • Posted 5 Mar 2008 21:15
  • By joseph_h
  • joined 19 Mar'06 - 253 messages
  • Michigan, United States
Thats was one buy out back in 2006. That was the old Trak design with low boom pivot. Volvo last year bought the IR high boom pivot reach forklift line and has just sold it to someone.
  • Posted 5 Mar 2008 09:32
  • By mrwiliam_h
  • joined 28 Feb'08 - 10 messages
  • California, United States
mrwiliam h:

MEC Aerial Work Platforms has acquired the Volvo telehandler business. Google: MEC TAKE VOLVO TELEHANDLERS for more information.
  • Posted 3 Mar 2008 21:27
  • By joseph_h
  • joined 19 Mar'06 - 253 messages
  • Michigan, United States

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