Allan Leibowitz introduces news edition #1085

Inside Forkliftaction
- 14 Jul 2022 ( #1085 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
Readers will have noticed that we take a strong interest in mergers and acquisitions - four of which are reported this week.
This kind of activity is interesting because it shows which businesses are doing well and expanding.
Interestingly, almost all our reports include comments from the purchaser which value the leadership, staff and business ethos of the take-over target. Often, the founders of the acquired business stay on to lead the transition - and sometimes beyond that.
What would be interesting is to revisit the acquired businesses a few years later to see how much of the original character remains - and if the operations have been improved by the new owners. One suspects that in large dealer groups in particular, the business philosophies and practices of the group eventually take over and not much of the former identity persists in the long run. And maybe that's not a bad thing - if it reflects the strength and success of the new owners.
Duisburg, Germany Clark has given its low-lift trucks with folding operator platform a facelift and combined all model variants under the name PPXS20. The series consists of three model variants with...
Vancouver, BC, Canada Ballard Power Systems has confirmed a minority equity investment in Quantron AG, a global electric vehicle integrator and an emerging specialty OEM, to accelerate fuel cell adoption. As part...

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