HAMBURG, Germany, JOHANNESBURG, PLOIESTI, Romania and SANTIAGO DE CHILE, Chile, February 15, 2016 /PRNewswire/ --
- Sales companies established in Chile, Romania and South Africa
- Jungheinrich now has a presence through proprietary direct sales in 36 countries worldwide
- Resolute implementation of the international growth strategy continued successfully
Following the acquisition of the dealership in Malaysia and the majority stake in NTP Forklifts in Australia in 2015, Jungheinrich is resolutely forging ahead with the expansion of its direct sales organization and, in turn, the implementation of its international growth strategy.
On its core market, Europe, Jungheinrich acquired the Jungheinrich operations of the dealership Wylze-Logistik in Romania in January 2016 en route to founding a sales company. However, Jungheinrich was particularly active outside Europe. The establishment of Jungheinrich South Africa occurred as early as 2015. The newly established sales company in Chile, South America's third-largest material handling equipment market, is scheduled to take up operations in April 2016. Personnel and assets of the dealerships BME Group (South Africa) and Spitec Renta Lift (Chile) were or will be taken over during the course of the companies' foundation.
The positive developments in all three countries established the prerequisites for becoming active with proprietary direct sales operations, thereby strengthening Jungheinrich's local presence substantially. The Hamburg-based family-owned company is thus resolutely continuing to implement its international growth strategy.
Dr. Lars Brzoska, member of the Board of Management in charge of sales:
"Now Jungheinrich is represented through its own sales companies in 36 countries the world over, giving us a really strong presence. In line with the Group's strategy, we are resolutely expanding our global network, enabling us to tap and exhaust market potential more comprehensively."
Jungheinrich ranks among the world's leading companies in the material handling equipment, warehousing and material flow engineering sectors. The company is an intralogistics service and solution provider with manufacturing operations, which offers its customers a comprehensive range of forklift trucks, logistic systems, services and advice. Jungheinrich shares are traded on all German stock exchanges.
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SOURCE Jungheinrich AG