News story

Wolter Group acquires Kensar

Thursday, 20 June 2019 ( #928 ) - Indianapolis,IN, United States
Wolter Group has acquired Kensar Equipment
Wolter Group has acquired Kensar Equipment
Wolter Group LLC has confirmed the acquisition of Kensar Equipment Company, a full-service materials handling company based out of Indianapolis, Indiana. Kensar Equipment Company offers used materials handling equipment nationwide, as well as new equipment, used equipment, parts, rentals and service to manufacturing, warehouse and distribution centres throughout Indiana. The acquisition not only expands Wolter Group LLC's footprint into Indiana, but adds strength to the used and wholesale equipment distribution segment of the business. Going forward, Kensar will expand its offerings of materials handling solutions through Wolter Group resources. This will entail expanded product lines, an enlarged parts inventory and access to a 1,000 plus-unit rental fleet. "Our partnership positions Kensar Equipment as the leading supplier of materials handling equipment, automation and solutions throughout Indiana," says Jerry Weidmann, president of Wolter Group LLC. "We look forward to providing Indiana businesses even stronger solutions to streamline their materials handling operations and reduce cost." Wolter Group is a family-owned group of companies consisting of Wisconsin Lift Truck Corp., Illinois Material Handling, Wolter Power Systems, Fleet Services and Ellis Systems. The group employs over 400 people with an average tenure of 14 years.