Lancashire Fork Truck Services (LFTS) of Oldham has been bought for an undisclosed sum by Linde Sterling of Warrington.

LFTS was sold by administrator Charles MacMillan, the head of corporate recovery at Manchester-based accountancy firm Beever and Struthers.

"It's always pleasing to secure jobs via the successful sale of a business and especially so in these testing times," MacMillan said. Around 20 jobs at LFTS have been saved, according to Manchester Evening News.

The forklift hire company located in Westwood Business Centre had suffered from reduced demand for equipment hire due to the downturn in its customer sectors.

Forkliftaction.com News contacted Linde Sterling for comment but did not receive a response by press time.