July 30, 2008
Stertil-Koni Announces Strategic Acquisition of ALM Corporation and Fleet America Service Technology
STEVENSVILLE, MD – Stertil-Koni
USA, a provider
of heavy-duty lifts to the vehicle maintenance industry, formally announced the
completion of two key acquisitions.
On Jul. 1, Stertil-Koni USA’s parent company, Stertil B.V., acquired ALM
Corporation, based in Streator,
Ill. ALM is a 23-year-old
manufacturer of lifts. ALM’s acquisition fulfills Stertil-Koni’s goal of
establishing a world-class manufacturing presence in the United States and a platform from
which to supply the increasing global demand for the company’s full range of
heavy-duty lift products.
On Jul. 2, Stertil B.V. acquired the full assets of Fleet
America Service Technology, a Maryland
corporation located in Manheim, Pa. Fleet America
Service Technology is responsible for the development and fabrication of an innovative
shallow pit designed heavy-duty scissors lift. The patent-pending
multi-scissors lift offers the optimum in axle-based vehicle lifting. The
proprietary lift will continue to be manufactured in the Manheim facility
located one hour east of Harrisburg.
Stertil-Koni began operations in Maryland in January 1997. From an
inauspicious beginning with negligible market share and insignificant sales the
company rapidly grew to dominate the heavy-duty mobile lift industry in the United States.
From the start, Stertil-Koni focused on becoming the leader
in all aspects of lifting for heavy-duty vehicle maintenance. From a single
mobile lift product offering in 1997, Stertil-Koni’s operation expanded to
include mobile two-post lifts, four-post lifts, parallelogram lifts, and most
recently in-ground hydraulic lifts and half-scissor lifts.