Archive by category: acquisitions

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25

MHI and Mitsubishi Nichiyu Forklift to Acquire UniCarriers Corporation

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Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Nichiyu Forklift Co., Ltd. have jointly taken the decision to acquire 100% ownership of UniCarriers Corporation by purchasing all shares currently held by Innovation Network Corporation of Japan (INCJ), Hitachi Construction Machinery Co., Ltd., and Nissan Motor Co., Ltd. A contract on the transfer of the shares was concluded today. The transaction, if approved by the relevant authorities, will result in MHI and Mitsubishi Nichiyu Forklift ho...

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25

MHI and Mitsubishi Nichiyu Forklift to Acquire UniCarriers Corporation

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Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Nichiyu Forklift Co., Ltd. have jointly taken the decision to acquire 100% ownership of UniCarriers Corporation by purchasing all shares currently held by Innovation Network Corporation of Japan (INCJ), Hitachi Construction Machinery Co., Ltd., and Nissan Motor Co., Ltd. A contract on the transfer of the shares was concluded today. The transaction, if approved by the relevant authorities, will result in MHI and Mitsubishi Nichiyu Forklift ho...

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15

UCA Announces Acquisition of Nissan Industrial Engine Manufacturing

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UniCarriers Americas Corporation, a leading manufacturer of material handling equipment, announces the acquisition of all outstanding shares of Nissan Industrial Engine Manufacturing, Inc. (“NIEM”). NIEM was originally jointly owned by both Nissan Kohki Co. and Nissan Forklift Corporation North America, now UniCarriers Americas Corporation. On April 1, 2015, NIEM will be renamed Global Components Technologies Americas, Inc. ("GCTA") and becomes a wholly owned subsidiary of UniCarriers Americas...

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01

UniCarriers Americas Announces New Factory-Owned Dealership

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UniCarriers Americas Corporation announces its diversification into the material handling retail market with the acquisition of New England Industrial Truck, Inc. (NEIT), headquartered in Woburn, Mass. NEIT has been an authorized dealer of UniCarriers Americas for more than 35 years. UniCarriers’ entrance into the U.S. retail market is designed to augment its high-performing dealer network by providing the broadest sales coverage and highest quality aftermarket support.

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26

UniCarriers Americas Brazilian Entity

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UniCarriers Americas Corporation continues to expand its South American operations, establishing its Brazilian business unit and appointing Newton Santos as sales operations manager. Through its legacy brands (Nissan Forklift and TCM), UniCarriers® has had a presence in the Brazil market for more than a decade. In 2013, UCA hired Santos to research and advise on expansion within Brazil. In January 2014, the company formalized its commitment by establishing a legal entity to operate in Brazil....

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11

UniCarriers Latin American Management

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UniCarriers Americas Corporation announces Andres Losada, Rony Stehberg and Jorge Serna in key sales and market development roles. "Further expansion into Latin America is crucial for UniCarriers Americas’ success and for attaining our growth goals," said James J. Radous III, Executive Vice President, Americas, Sales. "We are implementing successful strategies and developing our leadership team, beginning with these recent appointments."

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