News service and business centre for materials handlingHOME

Still acquires Stocka

Thursday, 4 Nov 2004 ( #182 ) - STOCKAMÖLLAN, Sweden
News Story
Göran Sjöberg
German company Still GmbH has taken over 100 per cent of Swedish company Stocka Industries AB, one of the world’s oldest niche materials handling equipment makers.

The company will become a Swedish subsidiary of Still and will be based in Stockamöllan, north of Malmö in southern Sweden.

Stocka has been a Still dealer since 1997, and Still bought a 25 per cent minority stake in the company in 2001. Stocka manufactures Scancab cabins for Still’s electric R 60 forklift.

Stocka last year reported turnover of about EUR12.3 million (USD15.7 million), of which Still products account for 35 per cent.

General manager Göran Sjöberg will lead the new subsidiary company, and a Still statement said the Stocka acquisition was "a strategic step with excellent business opportunities". Stocka’s clients include such companies as Volvo Truck, Saab Automobile, Tetra Pak and IKEA.

Stocka Industries was founded in 1906. By 1918, manufacturing of the first hand pallet trucks began and in 1950 the program was extended to forklift trucks.
Discuss News stories in the Discussion Forums!
Forkliftaction Media Pty Ltd
PO Box 1439
Milton QLD 4064
About Forkliftaction
The Forkliftaction Team
Privacy Policy
Site Map
Business Directory
Discussion Forums
Industry News
Events Calendar
Jobs & Resumes
Photo Galleries
Blog articles
Our Bloggers

Industry Brands
Company Index
Regions & Countries

Advertise on Forkliftaction
Editorial Features / Calendar
Featured Businesses
Past News Editions
Industry Associations
Storing your login information automatically.

When you select the 'Remember me' option, your login information will be stored on your computer in the form of a cookie. When you visit again, the stored login information will be retrieved automatically and you will not have to submit your login parameters (email address and password) each time you want to visit our members-only pages.

A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer's hard drive. A cookie can't read data off your hard disk or read cookie files created by other sites. Cookies do not damage your system.