Private investors buy into Oshkosh

News Story
- 22 Aug 2013 ( #630 ) - Oshkosh, WI, United States
1 min read
A privately owned investment management firm acquired 10.1% of the shares of equipment maker and JLG parent Oshkosh Corp.

The investment follows the December decision of New York-based activist investor Carl Icahn and associates to divest their shares of Oshkosh common stock - once as high as 9.51% - after failure of Icahn's tempestuous tender offer targeting control of the Oshkosh board of directors.

Recently, Capital World Investors of Los Angeles, a division of Capital Research and Management Co, purchased 8,798,000 shares on behalf of a client, The Growth Fund of America Inc, according to a 9 August US Securities and Exchange Commission (SEC) filing.

During February, multinational investment management corporation BlackRock Inc of New York acquired 6,630,093 shares and FMR LLC subsidiary Fidelity Management & Research Co of Boston purchased 5,621,963 shares or 6.134% of the Oshkosh common stock, according to SEC filings.

JLG Industries Inc designs, manufactures and markets aerial work platforms and telehandlers under the JLG, SkyTrak and Lull brands and is the major component of the access equipment business segment of the publicly traded Oshkosh-based corporation.
Employee share programme in Germany
Employee share programme in Germany 5 Sep 2013 - Wiesbaden, Germany - 2 min read
Konecranes increases ownership in WMI 18 Aug 2011 - Hyvinkää, Finland - 1 min read
Merlo UK now a full subsidiary of Merlo Group
Merlo UK now a full subsidiary of Merlo Group 4 Aug 2011 - Ringwood, United Kingdom - 1 min read
Previously about:
Access sales higher for Oshkosh News Story - 1 May 2014 - Oshkosh, WI, United States - 1 min read
Oshkosh access equipment sales jump 15.1% News Story - 31 Jan 2013 - Oshkosh, WI, United States - 1 min read
Briefs News Story - 20 Dec 2012 - 1 min read
Do you have materials handling news? Submit your news here

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!

Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

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

VETTER Industrie GmbH
The world's most comprehensive range of forks and the most intelligent sensor fork for more safety and efficiency.

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

Forkliftaction's JOB MARKET

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.