Miner buys Sunbelt’s Houston business

News Story
- 13 Apr 2017 ( #816 ) - Dallas, TX, United States
1 min read
Miner Material Handling has acquired Sunbelt's Houston operations
Miner Material Handling has acquired Sunbelt's Houston operations
Sunbelt Industrial Trucks of Dallas, Texas has sold its Houston operations to Miner Material Handling.

Miner had acquired Dallas-based CE-DFW Warehouse Solutions in April 2016. CE-DFW is an authorised Doosan, Linde, Donkey and Genie dealer in North Texas. The company was interested in expanding to Houston, so the acquisition of Sunbelt Industrial Trucks, the Doosan dealer in that market, was beneficial to both parties.

Terms of the transaction were not disclosed.

Sunbelt is a subsidiary of SBNA Holdings, Inc. and claims to have been the leading Komatsu dealer in North America for the last 25 years. Sunbelt became the Doosan dealer in Houston in 2012. In addition to the UniCarriers, Doosan and Komatsu products, Sunbelt also represents Big Joe electric forklifts and Flexi's VNA equipment.

Approximately five years ago, one third of the stock was sold to employees and the management team. The remaining shares, owned by Bill Rowan and Warren Cornil, the founders, will be sold to the employee stockowners and managing partners later this year.

Miner's acquisition of Sunbelt's Houston operations will allow Sunbelt to focus concentration on the Dallas market, according to a company statement.

Miner Material Handling now has operations in Dallas, Houston and Phoenix.

In a statement, Sunbelt wishes Miner continued success in Houston, and is confident that its former employees and customers are in good hands.
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