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Takeover

19th January 1979
Page 5
Page 5, 19th January 1979 — Takeover
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YORK Trailer Holdings Ltd has formed the Anthony York Company by acquiring the assets of Chicago-based vehicle equipment maker, Anthony Hoists Inc.

Commenting on the takeover, a company spokesman said, "We are happy to change the tide and begin attacking the US market at a time when British makers are facing US competition at home."

.. The new company will inherit the Anthony Hoists network of 100 dealers and distributors, through which it will sell products made in both the UK and US. Anthony York will make part of York's British range, particularly axles and suspensions.

A further advantage of the takeover is seen in York's holding company Anthony Carrimore's ability to use its exporting know-how in opening up markets world-wide for Anthony York equipment. ,

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Locations: Chicago

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