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.
,
–
, a provider of heavy-duty lifts to the vehicle maintenance industry, formally announced the completion of two key acquisitions.
On Jul. 1,
’s parent company, Stertil B.V., acquired ALM Corporation, based in
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
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
corporation located in
,
Fleet
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
.
Stertil-Koni began operations in
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
.
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.
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