Nacco Materials Handling Group (NMHG) is absorbing its forklift rental business into its wholesale and retail sales and service businesses known as NMHG Pty Ltd and NMHG Distribution Pty Ltd.

In a statement released today, NMHG announced National Fleet Network would be a part of the current Hyster and Yale wholesale and retail sales and service businesses.

The move is expected to significantly improve NMHG's "sales, marketing and service capabilities and operational effectiveness and efficiency".

National Fleet Network and NMHG were unavailable to comment before Forkliftaction.com News went to press.