Liftow acquires controlling interest in Mason Lift
Oct. 24, 2017 - Liftow, Toyota's largest forklift dealer in North America with 20 branches and 525 employees in Eastern Canada and Wisconsin, is pleased to announce the recent acquisition of a controlling interest in MasonLift. Terms of the transaction were not disclosed.
MasonLift has been in business for more than 70 years, has a staff of 130 and operates out of 10 locations in British Columbia, representing Toyota, Kalmar and Load Lifter forklift products, Ottawa terminal tractors and Atlas material handlers.
Roger Sutton, Liftow’s President and CEO, stated that the acquisition of MasonLift “will have a significant impact on Liftow’s presence in the forklift market. We plan on taking advantage of the respective strengths that exist in both companies to create overall improvement.”
“This is a momentous day for our company and we are excited to welcome the talented colleagues at MasonLift to the Liftow family, their addition will enhance the depth of our team”, said Roger Sutton.
MasonLift’s majority shareholder, George Peles, stated, “The culture of the two organizations were aligned with both believing in the same old-fashioned values and principles throughout their storied histories and it is anticipated that shared best practices will create further efficiencies for the combined entity”.
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