Atlet AB will manufacture a range of its warehouse equipment under the Nissan Forklift Europe brand and supply it to Nissan France SA.

Atlet, in a statement, said the agreement opened the potential for cooperation in other European markets. Atlet France SA will also market Nissan-branded counterbalance forklifts.

In 2001, Nissan, which has manufacturing plants in Japan, the USA and Spain, logged EUR724 million in forklift sales turnover. The Spanish facility, in Pamplona, builds more than 85 percent of forklifts sold by Nissan Forklift Europe.

Atlet, a family-owned company established in 1958, designs, manufactures, markets and services electric warehouse equipment. It has an annual turnover of EUR175 million. Production plants are in Molnlycke, Sweden, and Oberhausen, Germany.