Skyjack completes Volvo telehandler deal.
By Maria Hadlow28 April 2008
Linamar company, Skyjack, has finalised the deal to buy Volvo's material handling equipment business. The acquisition will augment Skyjack's range of telehandlers, add a rough terrain straight mast forklift and provide additional manufacturing capacity.
The Volvo telehandler range will complement Skyjack's ZoomBoom telehandlers acquired in August 2007 with the purchase of Carelift. There are four models in the Volvo range with 2727 kg (6000 lb), 3636 (8000lb), and two with 4545 (10000 lb) capacities. Skyjack told AI at the ConExpo show, in Las Vegas, in March, that it would market the Volvo telehandlers under the Skyjack brand and livery and continue to sell the Carelift product under the ZoomBoom name.
"We are very pleased to see the acquisition come to completion," said Skyjack's president, Ken McDougall. "Over the next several months Skyjack will continue to work closely with the existing dealer networks with a commitment from Volvo to assist us during the transition period.
"We will be moving the assets from their current location in Shippensburg to a yet to be determined site in rapid fashion, in order to bring production online in as timely a manner as possible."