Hyster-Yale Group Inc., Cleveland, OH, has acquired Speedshield Technologies' telematics installation and distribution businesses in the U.S. and the UK. Terms were not disclosed.
This acquisition provides Hyster-Yale with the exclusive distribution rights of these businesses’ products in all areas outside of Australia. The acquired businesses will be rebranded as HYG Telematic Solutions.
Hyster-Yale Group is a wholly owned subsidiary of Hyster-Yale Materials Handling Inc.
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