Interthor changes name to Logitrans
Aurora, IL, United States
The Interthor brand will disappear
North American materials handling company Interthor will take on its Danish parent company's name, Logitrans, from 2024.
Logitrans acquired Interthor in 2006 after Carl Thorkildson, the American company’s founder, retired.
The two companies had been collaborating since the early 1980s, with Interthor introducing Logitrans’ Thork Lift to the American market, at the time the first skid lift product sold in the United States.
Logistrans vice president of sales in the United States Jesper L Jorgensen says the name change will not affect the organisational structure of Interthor or affect its relationships with partners, dealers and end-users.
Sunlight Group invests in Logbatind
Braga, Portugal
Lampros Bisalas (Sunlight) and Carlos Jantarada (Logbatind)
Greek battery maker Sunlight Group has acquired a 65% share in Portuguese company Logbatind, which sells, repairs and maintains industrial batteries and chargers.
Sunlight Group invested in its long-time partner by subscribing to Logbatind’s share capital increase, in the process expanding its presense in the Iberian region where it also operates the subsidiary Sunlight Baterías España.
Carlos Jantarada will remain Logbatind managing director and take on the role of executive director at Sunlight Baterías España.
HBS Systems partners with Trnsact
Richardson, TX, United States
HBS Systems, a provider of web-based equipment dealership management solutions, has partnered with Trnsact to improve its finance management platform.
This partnership will provide dealers using HBS Systems' NetView ECO equipment dealership management solution with a faster and more secure financing process to drive sales, increase compliance and provide better customer and dealer staff experiences.
After the integration, dealers will be able to use the platform to streamline all credit and financing workflows with any lender or aftermarket provider and offer customers a single online credit application.
HBS Systems president and chief executive Chad Stone says: “We are honoured to partner with Trnsact to provide equipment dealers modern finance department capabilities to improve sales velocity and customer experience all in one location."