Irish Lift Trucks acquired by Briggs Equipment

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Cannock-based asset management company Briggs Equipment has announced the acquisition of Irish Lift Trucks (ILT) part of the OHM Group in the Republic of Ireland.

Based in Dublin, ILT is a long-established dealer of the Hyster range of materials handling equipment serving the Republic of Ireland.

The acquisition represents an opportunity for both to build on the experience and customer base that ILT possesses. Being part of a larger Hyster dealer will also allow ILT to grow and expand its offering more quickly than on a standalone basis, providing customers with a broader solution underpinned by Briggs Equipment’s market-leading service levels.

Briggs says that the move also opens up a wider potential for commercial and industrial businesses across Ireland to achieve their objectives through improved efficiency, greater productivity and the flexibility to adjust their contract-hire assets in response to the changing needs of their operation. The move also allows Briggs to maintain a presence in the EU.

Says Briggs Equipment managing director Peter Jones: “We are delighted to be able to make today’s announcement. The market that ILT serves so well is an ideal new market for the proven and successful Briggs Equipment proposition. The versatility of our offering means we have tremendous scope to build on existing relationships and develop new ones.”

Adds OHM Group chief executive Declan McCourt: “This is great news for our customers and marks the beginning of the next exciting phase in the development of Irish Lift Trucks. Briggs’ expertise in bringing added value, beyond the supply of OEM equipment, means our current customers and many new companies can benefit from a single source of supply for their industrial machinery.

“This move makes perfect sense for both businesses and the marketplace in general.It also allows OHM Group to streamline our operations and dedicate our focus on target areas of expansion in our Car, Truck and Power Solutions Divisions.”