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Versalift Establishes Forestry Division with Acquisition of Trueco
Thursday 06 December 2018

6 December 2018 - Texas, US-based speciality equipment manufacturer Versalift has acquired North Carolina, US-based forestry bucket truck distributor Trueco Inc. in a deal that will establish Versalift's forestry aerial lift division, the company said.
Terms of the transaction were not disclosed.
By creating its new Versalift Forestry division, the aerial lift manufacturer continues to strive for continual improvements to its service, response, engagement and delivery programmes, ultimately benefiting its growing customer base.
Versalift is a leading manufacturer of bucket trucks, digger derricks, cable placers and other speciality equipment for the power generation, transmission and distribution, investor-owned utility, telecommunications, bridge inspection, light and sign, and forestry industries.
Date Published: 06/12/2018
Target: Trueco Inc
Country: USA
Sector: Agriculture/Forestry
Type: Corporate acquisition
Status: Closed
Buyer: Versalift
Terms of the deal were not disclosed