Materials Handling Equipment Corp. (MHE) acquired the assets of Meyers Forklift, a California-based dealership, in 2007. This acquisition expanded MHE’s presence in the California market and strengthened its position as a full-service materials handling equipment provider. The transaction involved the integration of Meyers Forklift’s operations, including sales, service, and parts, into MHE’s existing infrastructure. This provided customers with access to a wider range of products and services.
The integration of these two entities represents a significant development within the materials handling industry in California. By combining resources and expertise, the resulting organization offered comprehensive solutions to meet the diverse needs of businesses across various sectors. This strategic move enhanced customer support and improved operational efficiency, ultimately contributing to growth and market stability within the region. The acquisition was part of a broader trend of consolidation within the industry, driven by factors such as increasing competition and the demand for comprehensive solutions.