Advantage Materials Handling's Goshen site
Wolter, Inc has acquired Advantage Materials Handling Group, with locations in South Bend and Goshen, Indiana. This marks Wolter’s 12th acquisition in over 10 years, as well as becoming the company’s 16th location.
Advantage Materials Handling Group, founded in 1968, is a full-service forklift and materials handling dealership providing equipment sales and service, parts and rentals, dock equipment, storage solutions and more throughout Northern Indiana.
Advantage Materials Handling Group includes three brands: Balint/Ryder Handling Equipment, BT Battery & Charger Systems, and BT Equipment Services & Parts, all of which will now operate as Wolter.
Founder and CEO Tim Balint will stay on as general manager.
In joining Wolter, the company will continue to offer its current products and solutions – including, but not limited to, forklifts, dock equipment, pallet rack systems, and conveyors.
However, the acquisition will broaden the company’s offerings through Wolter’s productivity toolbox, which includes an extensive inventory of used equipment, automation and robotics, cranes and hoists, railcar movers, standby power and generators, forklift training, workplace storage and much more.
Furthermore, the acquisition of Advantage Materials Handling Group expands Wolter’s coverage area for Kion North America’s Linde and Baoli lines of electric, gas and LP forklifts.
“This partnership not only further expands our footprint across Indiana and the Midwest, but also strengthens our product and solution offerings with a highly experienced and capable team to back our rapid growth,” says Wolter president Jerry Weidmann.
Financial details of the purchase were not revealed.