Hyster-Yale Group has acquired the Speedshield Technology telematics businesses in the US and UK, rebranding it as HYG Telematic Solutions.
Australian-headquartered Speedshield provides telematics for MHE and other fleet vehicle applications, and is the sole provider of telematics products to Hyster-Yale customers. HYG Telematic Solutions will have exclusive distribution rights in all territories apart from Australia.
The acquisition follows the news at the start of the year that Hyster-Yale Group had bought attachments manufacturer Bolzoni.
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