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Apr92019 by adminNo Comments
Dunstall Holdings Limited announce the acquisition of Amvar Handling Solutions Ltd

Dunstall Holdings Limited announce the acquisition of Amvar Handling Solutions Ltd

Business
Dunstall Holdings Limited is pleased to be able to announce the acquisition of Amvar Handling Solutions Limited and Amvar Storage & Workplace Solutions Limited. Dunstall Holdings, which also owns Rea Valley Tractors, is a business based in Staffordshire which is owned by local entrepreneur and farmer, Simon Clarke. The Amvar companies, which were formed in 1998 and are based in Cradley Heath in the West Midlands, are engaged in the supply and maintenance of materials handling equipment and workplace and storage solutions. The business was previously owned and managed by Mr Malcolm Mitchell, who will continue in his role with the businesses as Sales and Commercial Director. The purchase of the Amvar companies follows the acquisition of Lift West Limited in 2018 and further ...
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Mar262019 by adminNo Comments
Ireland’s 2019 Rich List No 235: Martin McVicar and Robert Moffett Worth €60 m

Ireland’s 2019 Rich List No 235: Martin McVicar and Robert Moffett Worth €60 m

Business, Movers and Shakers
Forklift business Combilift was started in Monaghan 18 years ago by engineers Martin McVicar (44) and Robert Moffett (62). Before the company went private in 2005, it had accumulated profits of almost €23m on a turnover of €53m. Since then, it has gone from strength to strength with revenues now at €1bn. It is difficult to put a value on the business, which recently opened a new facility built at a cost of €50m. Combilift currently exports 98pc of its products to 85 countries. The current workforce stands at 550 with over 200 new jobs being created. Financial experts have conservatively valued the business at €60m, although it is likely to be worth substantially more.
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Mar132019 by adminNo Comments
Day-to-day management team buys controlling stake in Narrow Aisle

Day-to-day management team buys controlling stake in Narrow Aisle

Business, Movers and Shakers
Management led by Managing Director, John Maguire, have acquired a controlling share in Narrow Aisle Ltd – the manufacturer of the Flexi range of articulated forklift truck-based intralogistics solutions – and its rental division. The move follows the decision by Narrow Aisle’s founder, Peter Wooldridge, and Group Finance Director, Cedric Randle, to step back from their day-to-day executive responsibilities with the company. Key management stakeholders within Narrow Aisle also include Donald Houston and Jim Porter who have joined the company as Finance Director and Chairman respectively. Both men have extensive experience of the materials handling sector: Donald Houston is a former director of Linde Scotland and Linde East, while Jim Porter previously served as MD of Jungheinrich...
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Mar112019 by adminNo Comments
Combilift wins Deloitte Platinum Best Managed Company Award

Combilift wins Deloitte Platinum Best Managed Company Award

Business
Combilift has received the Deloitte Platinum Best Managed Company award for the 7th consecutive year. Combilift was awarded this prestigious award following a detailed qualification and judging process that evaluates the entire management team and business strategy, looking beyond financial performance at criteria such as operational excellence, strategic planning, governance and talent strategy. Accepting the award co-founder and Managing Director of Combilift Martin McVicar acknowledged the customer focus that drives Combilift and reiterated the company’s plans for further global growth. “This award recognises the commitment that we in Combilift have made to growing our business in global markets. We currently export 98% of our production to 85 markets across world and are cons...
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Jan292019 by adminNo Comments
World-leading JCB cabs factory project forges ahead

World-leading JCB cabs factory project forges ahead

Business
Construction work on the new £50 million JCB Cab Systems factory is forging ahead as it targets a summer opening. The shell of the 350,000 sq. ft plant next to JCB Heavy Products and the World Parts Centre at Uttoxeter is on course to be completed slightly ahead of schedule ready for high-tech production line facilities to be installed from March onwards. The investment, one of the biggest in the company’s history, will create the most advanced and productive cab facility in the world with a computer controlled production line, fully-automated painting facility and robotic welding. The new site will accommodate 400 employees, who will relocate from Rugeley. JCB Cab Systems’ general manager David Carver said: “We are delighted with progress on the new site. A strong team focus ...
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Nov122018 by adminNo Comments
Triple Accreditation Status Gained by STILL Materials Handling

Triple Accreditation Status Gained by STILL Materials Handling

Business, Industry, News
STILL Materials Handling Ltd, an industry leader in materials handling equipment now has triple accreditation with its newly awarded ISO 14001 (Environmental) and ISO 45001 (Health and Safety) accreditations which will sit alongside their already existing ISO 9001 (Quality) certificate. STILL UK has 220 employees throughout the UK and offers a full range of materials equipment along with nationwide service coverage. ISO 45001 is a standard for management systems of occupational health and safety which was only published in March 2018. This puts STILL at the forefront of the industry and once again a company leading in best practices. Nick Wright, Managing Director NQA (independent auditing body) commented: “NQA are extremely proud to award ISO 45001 certification to STILL Materials H...
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Nov122018 by adminNo Comments
Combilift -a Billion Dollar Business within 5 Years?

Combilift -a Billion Dollar Business within 5 Years?

Business, Manufacturer
Martin McVicar, the Founder of Combilift in County Monaghan, hopes to be at the helm of a billion-dollar business within the next five years. With a manufacturing plant three and a half times the size of Croke Park and the fact that his Combilift company exports to 85 different countries across the world, Martin McVicar expects to be at the helm of a billion-dollar company by 2023. Speaking to host Tadhg Enright on The Architects of Business, in partnership with EY Entrepreneur of The Year™, Martin explains his plans to keep expanding in his home county of Monaghan. When asked what the next milestone is for Combilift and for Martin himself, he replied: "We've built this new manufacturing plant, our target is to double the business over the next five years Martin was asked wheth...
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Nov22018 by adminNo Comments
Further Growth for the Kion Group

Further Growth for the Kion Group

Business, Finance
The KION Group continues to benefit from a healthy global market for industrial trucks and supply chain solutions, registering a notable increase in orders over the first nine months of 2018. At EUR6.369 billion (USD7.25 billion), the total value of order intake in the first three quarters of the year was up by 11.8% on the same period last year. The rise would have been higher - 15% - had it not been for negative currency effects. KION’s order book as of September 30 was up 23.6% from the end of 2017. The company reports that the global market for industrial trucks registered strong growth of 13.6% in the first three quarters of 2018, with all regions making a contribution. Sales of electric forklifts were up by 11%, while ICE truck sales rose 10.3%. Warehouse trucks registered e...
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Oct192018 by adminNo Comments
Haulotte building futuristic headquarters

Haulotte building futuristic headquarters

Business, Euronews, Manufacturer
Haulotte has announced it is to start construction on a new eco-friendly and forward-thinking headquarters. Located in the town of Lorette in the Loire region of France, the building will be close to the company’s manufacturing site. Architects were instructed to come up with a building designed to offer employees and customers a ‘unique’ experience. Accordingly, the 5,000m² office space will include open areas to promote collaborative working and the combination of natural light with optimal connectivity will make it an eco-friendly place to work and do business. In addition to this, Haulotte has given 31,000m² of extra land over to the construction project for the building of new research and development facilities, with 2,500m² of this land devoted solely to developing futur...
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Oct192018 by adminNo Comments
Crown moves into Birmingham

Crown moves into Birmingham

Business, Latest, Manufacturer
A world-leading material handling company that has appeared in Forbes’ list of the largest private companies in the U.S. is to open a new Midlands branch and training facility in Birmingham, Barberry Developments has announced. Crown Equipment Corporation has agreed to purchase Barberry 46, a speculative development on a landmark former Tucker Fasteners site in Perry Barr. The Ohio-based business has acquired the 46,000 sq ft Grade-A warehouse and industrial unit. The move is expected to create significant employment opportunities in the region. Jon Robinson, development director at Barberry, said: “We are very pleased to announce our building sale to Crown Equipment, which was agreed two months prior to practical completion. Barberry 46 is a high-quality Grade A building, promine...
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