Illinois Material Handling buys Servicemax

News Story
- 10 Dec 2015 ( #748 ) - Brookfield, WI, United States
1 min read
Servicemax has joined the Wolter stable
Servicemax has joined the Wolter stable
Wolter Group LLC has announced the acquisition of Servicemax Inc. of Bolingbrook, Illinois.

Servicemax Inc. will join forces with Illinois Material Handling, a member of the materials handling sector of Wolter Group LLC.

Founded in 1959, Servicemax Inc. is one of Chicagoland's largest and most experienced materials handling distributors providing sales, service, parts, and rentals to Chicago Metro and Northwest Indiana.

"By acquiring Servicemax Inc., we're blending two very experienced companies, each with over 50 years of materials handling experience, to provide customers the best materials handling solutions in the industry," says Otto J. Wolter, CEO of Wolter Group LLC.

"As our seventh acquisition in the last five years, Servicemax Inc. doubles our technician coverage in the metro Chicago market, providing faster response times, and enhanced product offerings for our Illinois customers," adds Jerry Weidmann, president of Wolter Group LLC.

Servicemax Inc. and its staff of 30, including owner Steve Sponza, will continue to operate out of Bolingbrook under the Illinois Material Handling brand name. As a result of this acquisition, Illinois Material Handling will now offer the Jungheinrich and Mitsubishi forklift brands carried by the Wisconsin Lift Truck division of the company for decades.

Recently, Forkliftaction.com News reported that Illinois Material Handling had acquired Fleet Lift Truck Service of Machesney Park, Illinois.
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