Acquisition of ITS Forklifts New Zealand
Jungheinrich expands direct sales
Jungheinrich acquires Industrial Truck Sales New Zealand Forklifts (ITS Forklifts) and opens its 41st direct sales company in New Zealand. The company will distribute its entire portfolio through its existing sales network and local partners in New Zealand. The new location strengthens Jungheinrich's global market presence with the aim of supporting customers and partners in achieving their growth targets.
For Jungheinrich, the strategic acquisition of ITS Forklifts, one of the leading intralogistics providers in New Zealand, represents an expansion of its direct sales network in the Asia-Pacific region. ITS Forklifts has been the exclusive partner for Jungheinrich products in the region for more than 25 years and has many years of expertise in the sale and servicing of material handling equipment.
Dr. Lars Brzoska, CEO of Jungheinrich AG: "We are delighted to expand our Jungheinrich family in New Zealand with ITS Forklifts after 25 years of successful cooperation. The acquisition enables us to offer our national and international customers as well as our partners an even more comprehensive product portfolio and the proven Jungheinrich service. We warmly welcome our new colleagues to the team. With their expertise and market knowledge, we will be even more successful together."
ITS Forklifts has established a strong position in the New Zealand market and has a very well-positioned network of over ten partner dealers. The existing dealer relationships will be strengthened and further expanded with Jungheinrich.
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