Time Manufacturing /Versalift Acquires speciality equipment Body Maker BrandFX.
11 November 2019 - Texas, US-based utility manufacturing provider Time Manufacturing Company/Versalift has acquired speciality equipment composite service bodies manufacturer BrandFX, the company said.
Terms of the transaction were not disclosed.
Now known as BrandFX, a Time Manufacturing Company, the manufacturer will continue to serve fleets in telecommunications, electric utility, sign and light, municipal and other service body applications, both at home and abroad.
The acquisition will expand and enhance each company's ability to deliver the most reliable aerial lifts, digger derricks, cable placers and service bodies in the industry.
Both BrandFX and Time Manufacturing Company/Versalift are known for their lightweight, durable equipment that results in a lower true cost of ownership.
By expanding its already diverse line of equipment, Time Manufacturing company/Versalift extends its culture of safety, innovation, and superior manufacturing processes to new product lines in order to continue to serve a growing base of customers around the world.
Time Manufacturing Company/Versalift now leverages a team of more than 1,400 associates, working across five continents.
Time Manufacturing Company is a global manufacturer of bucket trucks, digger derricks, cable placers, service bodies and other speciality equipment for power generation, transmission and distribution, electric utility, telecommunications, bridge inspection, light and sign, tree care and other fleet-supported industries.
BrandFX manufactures advanced composite service bodies, line bodies, toppers, and other fiberglass components for speciality equipment.
Sector: Motor Vehicles
Buyer: Time Manufacturing Company/Versalift
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Nov 11, 2019|
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