The U.S based material handling company, GNCO Inc has announced the acquisition of FMH Material Handling Solutions.
The acquisition will effective on January 1, 2023.
Speaking on the acquisition, Matt Adams, President at GNCO, Inc said, “FMH Material Handling Solutions is a business with a long history of success. We are excited to be part of its future growth story. This acquisition will make us a stronger, more diversified company geographically and strengthens our OEM partnerships.”
FMH will remain under local management and committed to its vendors, suppliers, and customers within Colorado, New Mexico, and Texas.
“GNCO is committed to supporting the continued growth of FMH by providing resources and hiring top talent in the area for technicians, parts, and sales personnel,” the statement said.
