INTRAC Group divests its Polish operations

INTRAC Group AB informs that effective June 26th 2017 the Group has sold off its Polish activities related to the material handling business to Zeppelin Polska. The sales and service activities plus spare parts supply for Manitou and Grove are transferred from INTRAC Polska to Zeppelin Polska. The transaction includes the takeover of 40 qualified employees and 5 branches out of which service and parts are provided to local clients.

Zeppelin Polska Sp. Z.o.o. is a subsidiary of Zeppelin CZ s.r.o. and part of the German multinational Zeppelin Group. INTRAC Group will with this step increase the focus on its expanding activities in the Baltic's. Through the acquisition of the INTRAC Polish network Zeppelin strengthen its position in Poland. Customers will benefit from the dense network, leveraging on the trained staff Zeppelin has taken over from INTRAC and will continue to enjoy the excellent services they have experienced so far.

“We are very pleased with Zeppelin Polska to take over parts of our operations. Zeppelin has an excellent reputation and is known for best in class services, so that we find both our customers and former employees in the best of hands. INTRAC Group will continue to work with Manitou in the three Baltic states and will concentrate all efforts to further grow our business there.” says Carl Leijonhielm CEO of INTRAC Group AB.

“I am convinced that the Manitou brand is becoming an even stronger market position on the Polish market and I want to thank all our former employees now working in Zeppelin for the brilliant performance during their years in INTRAC Polska.” says Rafal Federowicz MD of Intrac Polska.

Jan Grünwald, CFO of Zeppelin CZ s.r.o. is stating:” The Polish market has growth potential, so that I see this acquisition as a logical step to strengthen the position of our company on the local market”.

About Zeppelin Polska Sp. z o.o.

Zeppelin Polska Sp. z o.o. is since 2003 operational in Poland and exclusive distributor of Hyster material handling equipment. The copmany is a subsidiary of Zeppelin CZ s.r.o. and belongs to Zeppelin GmbH, operational in 35 countries with 190 sales and service outlets around the globe.