Kalmar acquires electric terminal tractor product line from Lonestar Specialty Vehicles
Kalmar has signed an agreement to acquire the product rights of the electric terminal tractor product line from Lonestar Specialty Vehicles (LSV) in the US.
The new electric terminal tractor product line will be added into Kalmar terminal tractor portfolio under the brand name Kalmar TX, and will be available in the Americas region.
As part of the transaction, LSV will transfer the immaterial assets for Kalmar and act as the Finnish company’s contract manufacturing partner for the acquired electric terminal tractor product range. The transaction is planned to be completed on September 1, 2023.
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