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Two US energy acquisitions

Thursday, 21 October 2021 ( #1048 ) - United States
Concentric has acquired All Battery Sales and Service
Concentric has acquired All Battery Sales and Service
Concentric has acquired All Battery Sales and Service, a leader in DC power for forklifts as well as automotive and specialty power products. This acquisition extends Concentric's footprint into north-western US, including Washington, Oregon and Idaho. "All Battery Sales and Service expands our offerings to now include automotive and specialty power products, while also strategically growing the forklift power business into the north-western US," says Concentric president John Shea. "This addition to (Concentric parent company) OnPoint furthers our objective to provide total control over critical but non-core equipment assets such as forklift power, docks and doors, automation equipment and more," says Tom Cox, CEO of OnPoint Group. "Supply chains are more complex than ever, but consistent materials handling processes don't have to be." Founded in 1979 by Tom and Vern Allen, All Battery Sales and Service has a strong heritage based on building lasting customer relationships through expertise in equipment and quick, reliable service. Separately, Exponential Power, a leading provider of stored power solutions, has announced its strategic acquisition of Maryland-based Static Power. Headquartered in Columbia, MD, Static expands Exponential Power's service offerings to the Mid-Atlantic corridor and supports its mission of delivering reliability and advancing technology. Static Power has provided comprehensive engineering, sales, and service to users and manufacturers of critical power systems for nearly four decades. Static Power president Ruth McFadden, VP and director of technical services Andrew Nauman and operations manager Robert De Lauter co-owned Static Power and will continue in the business along with the employee team.
Power, Autonomy and Reliability - The future of material handling is here.
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Feyter Forklift Services delivers heavy handling machines on a global scale, with special focus on Kalmar reachstackers, heavy forklifts, and Terberg terminal tractors. A dedicated Spare Parts team can...

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business line leader
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