JLG €20m Russian boom deal

Russian distributor Vertex has invested in JLG booms, valued at more than €20 million.

The deal was signed at the APEX exhibition on 2 May, in Amsterdam, the Netherlands. Models include JLG ultrabooms, telescopic booms and articulating boom lifts.

Vertex is the national distributor of JLG products in Russia and in 2016 invested heavily in the expansion of its activities, opening new offices in St. Petersburg and Kazakhstan. This year, two more offices will be opened in Krasnodar and Yekaterinaburg. The company offers new machine sales, aftermarket services and training in the region.