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Cascade buys Scana Steel Booforge

Tuesday, 21 May 2019 ( #924 ) - Portland, OR, United States
News Story
Cascade and Booforge mark their union
Cascade Corporation will acquire Scandinavian fork manufacturer Scana Steel Booforge AB from Incus Investors ASA as a wholly owned subsidiary.

Scana is a world-leading manufacturer of customised and large forklift forks, making models with capacities up to 150 T, as well as free-form forging for demanding applications that require extreme strength. The company has been in operation for over 350 years, which has allowed it to cultivate significant materials expertise and standards of quality.

"We are very pleased to join Cascade as the next step in our company’s history," says Anders Johansson, Scana managing director. "Together, we will be able to realise greater reach while continuing to provide the quality and customisation our customers expect."

Located in Karlskoga, Sweden, Scana currently serves a variety of European markets as well as international customers.

With the global reach of Cascade Corporation’s distribution network, these fork solutions will be able to reach more customers than ever before.

"Booforge is an exceptional company for many reasons," says Davide Roncari, Cascade president and CEO. "Their commitment to quality truly makes them stand out and is the reason we know they will be a great addition to the Cascade family."

Scana Steel Booforge AB will continue normal operations under Cascade Corporation ownership.
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