Jungheinrich AG has signed an agreement to acquire All Lift Forklifts, a leading Australian rental specialist and dealer of material handling and access equipment.
The acquisition strengthens Jungheinrich’s position in Australia, one of the largest material handling equipment markets in the Asia-Pacific region and expands the company’s presence in the growing rental segment.
Headquartered in Sydney, All Lift Forklifts is a family-owned business with six locations across Australia. The company operates a diversified rental fleet, serves customers across a broad range of industries and provides comprehensive service capabilities.
“We are excited to join forces with the Jungheinrich Group and look forward to combining our strengths to create new opportunities for our customers and the business,” says Dean Kretchmer, Managing Director of All Lift. “For more than 26 years, our success has been built on great people, strong customer relationships, and a commitment to quality service. We believe Jungheinrich is the right partner because they share our values and long-term vision and will support the continued growth and development of our business, our employees, and our customers as we enter this exciting next chapter for All Lift.”
“The acquisition of All Lift is a logical step in strengthening our presence in Australia and advancing our growth ambitions in the APAC region,” says Nadine Despineux, Member of the Board of Management for Sales at Jungheinrich AG. “As part of our Strategy 2030+, we are expanding our footprint in attractive growth markets and strengthening our position beyond Europe. Australia is a highly dynamic market, and rental solutions are becoming increasingly important for customers seeking flexibility and lifecycle-oriented offerings. Together with All Lift, we will significantly accelerate our development in this strategically important segment.”
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