South Bend Forklift Company Acquired

A more than 50-year-old forklift and material handling dealership headquartered in South Bend is under new ownership. Advantage Materials Handling Group has been acquired by Wisconsin-based Wolter Inc., though financial terms were not disclosed.

Wolter bills itself as an integrated industrial equipment distributor and productivity solutions provider. The company says the three main brands under Advantage Material Handling Group’s umbrella – Balint / Ryder Handling Equipment, BT Battery & Charger Systems and BT Equipment Services & Parts – will now operate under the Wolter name.

“This partnership not only further expands our footprint across Indiana and the Midwest, but also strengthens our product and solution offerings with a highly experienced and capable team to back our rapid growth” Wolter President Jerry Weidmann said in a news release.

Wolter says the acquired company will continue to offer its current products, including forklifts, dock equipment and pallet rack systems.