BOMAN ACQUIRES GRAY LIFT

News Story
- 20 Nov 2003 ( #134 ) - LOS ANGELES, CA, United States
<1 min read
Boman Forklift has acquired the Santa Fe Springs operation of Gray Lift Inc.

Boman spokesman Leslie Boatwright told Forkliftaction.com News that the companies entered acquisition talks in August, after Gray Lift announced it would no longer service southern California.

The acquisition was announced on October 31, but the purchase price was not revealed. Most of Gray Lift's staff, including the company's mechanics, were retained.

Both companies sell and service reconditioned forklifts, and both have similar product lines, which meant the acquisition was smooth, Ms Boatwright said.
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