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Southworth Buys Swedish Maker of Material-Handling Equipment

Monday, February 1, 2016
 

Southworth International Group, Falmouth, ME, a provider of ergonomic material- handling equipment, announced that it has agreed to acquire Marco Group AB of Sweden, a manufacturer of similar lifting and positioning technologies. 

“This transaction is strategically important for us for several reasons,” says Brian McNamara, Southworth International Group president. “First, it accelerates our presence in both European and Asian markets, (where) we see significant opportunities. Second, it supplements our existing product supply in China, for domestic and international trade. Between the strong presence in the European market and the extensive manufacturing capabilities globally, we feel that we can gain a competitive position not only overseas but domestically as well.” 

Southworth product lines include ergonomic work-positioning tables, portable lifts, container tilters and pallet-handling equipment.

 

Related Enterprise Zones: Automation, Coil Handling

 


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