LMH completes purchase of Allibert
The two European organisations have strong brand identities and ideally matched product ranges. Combined, they create a single company with a substantial presence throughout Europe in materials handling equipment and related services.
LINPAC Group's Chief Executive, Mike Arrowsmith added:
"These are exciting times. The merger brings together two companies that complement one another and that share the same strong values and customer service ethos".
LINPAC Materials Handling and Allibert-Buckhorn will continue to trade as two separate companies for the coming months. The process of forging the companies into a single entity has begun and will continue as a matter of highest priority. It is intended that the two companies will be trading as one as early as possible. The headquarters of the combined operation will be located in Nanterre, France, with immediate effect.
Laurence Tanty, Managing Director of LINPAC Materials Handling and appointed to be Managing Director of the combined business, said:
"Now we can integrate our two companies, building upon the strengths of each and uniting our considerable talent and knowledge, to deliver quality, innovate products and services to our customers. Our alliance will cement the prosperity of our combined entities".