Fork lift distributor Briggs expands with new acquisition
Fork life distributor Briggs Equipment UK has expanded its operation with an agreement to acquire the entire UK assets of rival firm Barloworld Handling.
The undisclosed deal will see the Cannock-based materials handling equipment supplier take sole responsibility for the sales and service of both the Hyster and Yale brand of lift trucks in the UK.
Briggs is already the exclusive UK dealer for Yale Europe Materials Handling products. The deal is expected to complete by the end of September.
Briggs said the deal positioned it with the largest, multi-skilled engineering workforce in the UK and would deliver an enhanced service offering to customers.
Richard Close, CEO for Briggs Equipment UK, said: “This agreement demonstrates our unwavering commitment to the UK market; growing strategically and dynamically over and above our competitors. This move reflects the aspiration of Briggs which is to invest, grow and expand; building on our platform of success since the Yale UK acquisition two years ago.”
Briggs Equipment UK Ltd, a Sammons Enterprises Inc company, is a subsidiary of Briggs International. Briggs International has dealerships of Yale and Hyster products across the southern United States and in Mexico. Both Hyster Company and Yale Materials Handling Corporation are operating divisions of NACCO Materials Handling Group.
