Hubtex forms Australian subsidiary

News Story
- 10 Sep 2020 ( #991 ) - Sydney, NSW, Australia
1 min read
Hubtex Australia is now a subsidiary of the German company
Hubtex Australia is now a subsidiary of the German company
Hubtex's German head office has taken over its Australian distributor, Hubtex Australia, acquiring all the shares held by the previous owner.

The acquisition, after 25 years of operation in the local market, will enable the forklift manufacturer to significantly expand its business operations in Australia and pursue an international growth strategy, even in the current economic crisis.

The previous owner of Hubtex Australia, Bill Parry, who founded Parry Forklifts in 1995, will stay active in sales, marketing and business development. His long-term partner of 25 years, Bruce Peatman, has taken over the management of the company.

Hubtex says the Australian market is one of the most important markets worldwide, outside of Europe and the United States. With around 1,400 machines, the forklift manufacturer currently has the highest vehicle density in comparison to the population.

The transition from a former distributor partner into a subsidiary also means that Hubtex is gaining the largest branch network outside Germany. With its Australian headquarters in Sydney, Hubtex Australia also has facilities in the major metropolitan areas of Melbourne and Brisbane, with service branches in Adelaide and Perth.
Briefs
Briefs 10 Jul 2025 - 1 min read
Best Line and Burwell expand in US
Best Line and Burwell expand in US 10 Jul 2025 - United States - 1 min read
Briefs
Briefs 26 Jun 2025 - 1 min read
Previously about:
Hubtex acquires Genkinger News Story - 17 Apr 2025 - Fulda, Germany - 1 min read
Geopolitics and macroeconomics large concerns for materials handling sector News Story - 20 Mar 2025 - Stuttgart, Germany - 3 min read
Stabau brand targets international market News Story - 16 Jan 2025 - Meschede, Germany - 1 min read
Do you have materials handling news? Submit your news here

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Ningbo Ruyi Joint Stock Co., Ltd.
Manufacturer of forklifts, power stackers & pallet trucks.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
We hope you enjoy this unique insight into the materials handling industry!