Briggs Equipment, the Yale forklift dealership, is also taking on Hyster after reaching agreement to buy the assets of Barloworld Handling UK.
It expects to complete the deal by 30th September from when it will have responsibility for sales and service of both the Hyster and Yale brands, which are both part of the US-based NACCO Materials Handling Group.
Briggs CEO Richard Close said: “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 is a subsidiary of Briggs International which has dealerships of Yale and Hyster products across the southern United States and in Mexico.
Ralf Mock managing director of NACCO Materials Handling Group EMEA said: “On completion, this acquisition will position Hyster and Yale with the largest, multi-skilled engineering workforce in the UK, delivering an enhanced service solution for their customers.
“Barloworld is a long standing and valued partner of NMHG and will continue to work in partnership with Hyster on their dealerships in the Netherlands, Belgium and South Africa.”