The acquisition further expands Skyjack’s product offering and distinguishes Skyjack as a full line supplier to the equipment rental business, the company said. “The addition of CareLift’s telehandler business along with the design and test abilities of the company opens up another large market for our Skyjack business,” said Linda Hasenfratz, chief executive officer of Skyjack parent company Linamar Corporation. “The global telehandler market is worth $3 billion and growing. CareLift’s popular ZoomBoom brand is well positioned to increase market share by utilizing Skyjack’s well established distribution network.”
The proposed transaction is subject to, among other things, further due diligence.
