Adapt-A-Lift acquires Hyster Retail

Adapt-A-Lift Forklift Rental and Sales and NACCO Materials Handling Group announced that the companies have signed an agreement under which Adapt-A-Lift (AAL) will acquire NACCO Materials Handling Group’s Hyster retail operations and the National Fleet Network’s (NFN) rental fleet within Australia.

This acquisition will enhance AAL’s service in the retail sector by aligning with one of the largest forklift manufacturers in the world.

Under the terms of the agreement, AAL has purchased selected Hyster Retail and National Fleet Network assets and secured the rights to the Hyster brand name and associated intellectual property within Australia.

AAL will extend its rental fleet from 5300 units to over 10,500 nationwide and increase its national representation from five branches and service centres to 14.