Skyjack in talks to buy Volvo handlers

07 May 2008

Ken McDougall, Skyjack's president and Dave Stewart vice president sales and marketing.

Ken McDougall, Skyjack's president and Dave Stewart vice president sales and marketing.

Volvo Construction Equipment is engaged indiscussions with Skyjack over the sale of of the telehandlers that it acquired last year as part of its acquisition of Ingersoll Rand's road machinery business.

Talking at ConExpo in March, Ken McDougall, Skyjack's president said that he was confident the deal would go ahead, β€œIt is just a case of crossing the Ts and dotting the Is,” he said, β€œI expect everything to go ahead within 60 days, I don't foresee any problems.”

The Volvo telehandlers would complement Skyjack's ZoomBoom telehandlers acquired last year. There are four models in the Volvo range with 2727 kg (6000 lb), 3636 (8000lb), and two with 4545 (10000 lb) capacities. Skyjack said it would market the handlers under the Skyjack brand and not ZoomBoom.

Skyjack anticipates moving the Volvo assets to its Ontario base to consolidate with its existing telehandler business.

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