Euro Daewoo UK has celebrated the first birthday of its lift truck division.

Since taking over the forklift business of the Lex Group on October 1, 2001, Euro Daewoo has been awarded several large contracts from businesses such as Nestle, LDV and Christian Salvesen Logistics, which most recently ordered 56 forklifts.

A Euro Daewoo statement said the company expected to reach its 700-unit sales target for 2002.