Real or not, the sale of Yale

News Story
- 3 Dec 2009 ( #439 ) - Sydney, New South Wales, Australia
1 min read
The Yale businesses owned by NMHG include the Queensland, Victoria and New South Wales dealerships.
The Yale businesses owned by NMHG include the Queensland, Victoria and New South Wales dealerships.
Rumours are circulating in the industry that forklift manufacturer Nacco Material Handling Group (NMHG) is planning to sell its wholly owned Yale retail dealerships in Australia.

When contacted by Forkliftaction.com News, NMHG was unwilling to shed any light on the matter. Both NMHG Asia Pacific managing director Ian Neilson and US-based Nacco Industries, Manager-Finance, Christina Kmetko said they had no comment to make.

Of course, "not commenting" on a rumour is different to denying a rumour and one industry insider claims it's an open secret that the group wants to offload Yale, much like it did its wholly owned Hyster divisions earlier this year.

Prior to that sale which took place mid-2009, there had been months of rumours and plenty of 'no comments' from parties involved, but in the end, smoke proved fire and Adapt-A-Lift announced it had acquired NMHG's Hyster divisions in Australia along with the rental fleet of National Fleet Network, (Forkliftaction.com News #417).

The Yale businesses owned by NMHG include the Queensland, Victoria and New South Wales dealerships.
Yale Queensland sold at last
Yale Queensland sold at last 5 Aug 2010 - Brisbane, Queensland, Australia - 1 min read
Hystandard buys Yale Victoria
Hystandard buys Yale Victoria 1 Jul 2010 - Melbourne, Victoria, Australia - 1 min read
AAL buys Hyster in Australia
AAL buys Hyster in Australia 2 Jul 2009 - Melbourne, Victoria, Australia - 2 min read
Previously about:
Yale Queensland sold at last News Story - 5 Aug 2010 - Brisbane, Queensland, Australia - 1 min read
Hystandard buys Yale Victoria News Story - 1 Jul 2010 - Melbourne, Victoria, Australia - 1 min read
COMBILIFT GOES LIVE AT IMHX Advertisement - 26 Feb 2004 - 1 min read
Briefs News Story - 10 Jul 2025 - 1 min read
Hyster launches new electric empty container handler News Story - 3 Jul 2025 - United Kingdom - 1 min read
LA Berth transitions to electric forklift fleet News Story - 15 May 2025 - Los Angeles, CA, United States - 1 min read
Yale Queensland sold at last News Story - 5 Aug 2010 - Brisbane, Queensland, Australia - 1 min read
Hystandard buys Yale Victoria News Story - 1 Jul 2010 - Melbourne, Victoria, Australia - 1 min read
Yale launches forklift automation portal News Story - 20 Mar 2025 - Chicago, IL, United States - 1 min read
Briefs News Story - 6 Feb 2025 - 1 min read
Yale launches new UX series News Story - 16 Aug 2024 - Wokingham, United Kingdom - 1 min read
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Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

PREMIUM business

Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.

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

Forkliftaction's JOB MARKET

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

PREMIUM business

Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.

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

Forkliftaction's JOB MARKET