North Fork Group acquires Lencrow Forklifts
North Fork Group, the majority owned Australian subsidiary of Nishio Rent All Co, the eighth largest equipment rental company in the world has acquired the assets and business operations of Lencrow Forklifts.
The acquisition became effective 1 June 2019 and will see Lencrow Forklifts come into the stable of materials handling businesses managed by the parent company North Fork Group. The Group is also parent company to Forkforce Australia based in Larapinta, Queensland and High Standard Handling Equipment based in Arndell Park in Sydney.
Lencrow Forklifts is a leading forklift hire, sales and service provider which has been servicing the materials handling sector since 1976. The business is headquartered in Silverwater, NSW and branches located in Archerfield in Brisbane, Newcastle, Hallam in Melbourne and Regency Park in Adelaide.
Lencrow Director Ross Grassick said: “This is an exciting time for Lencrow because the acquisition will allow the business to grow more quickly and with more impact by leveraging the groups scale and resources in a way that was not previously possible.”
Managing Director of North Fork, Steven Cunliffe said: “The addition of Lencrow to the North Fork Group will allow us to build a stronger organisation, resulting in a rental fleet with over 3,500 forklifts. This coupled with the group’s breadth and depth of product range will provide greater choice and a compelling value proposition to our customers.”
The North Fork Group is working through the acquisition and has plans to establish a website soon.
Contact: 07 3727 6100 or visit: www.forkforce.com.au