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
Hyster donates 500,000th forklift News Story - 14 Mar 2024 - Craigavon, Northern Ireland, United Kingdom - 1 min read
Hyster forklift wins design award News Story - 22 Feb 2024 - Greenville, NC, United States - 1 min read
Hyster unveils power-switching system News Story - 8 Feb 2024 - Greenville, NC, 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
New Yale order pickers available in the UK News Story - 18 Apr 2024 - Frimley, United Kingdom - 1 min read
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Yale expands budget forklift line News Story - 15 Feb 2024 - Greenville, NC, United States - 1 min read
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