Linde AG has acquired the remaining 25 percent of Milan, Italy-based OM Carelli Elevatori SpA from Turin-based Iveco SpA.
Linde acquired the majority of OM Carelli Elevatori, which is the Italian market leader in forklifts and warehouse trucks, in 1992. The total purchase price has not been released.
The company, under its OM Pimespo brand, employs 1300 people and sells about 14,000 materials handling units a year in Europe, North Africa and the Middle East.