LIFTKING ACQUIRES OMEGA LIFT IP
Liftking Manufacturing Corp has acquired all of the intellectual property and product assets of failed manufacturer Omega Lift, headquartered in Bolton, Ontario, Canada.
The intellectual property purchased include Omega Lift’s patents and patents pending as well as all of the associated designs for Omega Lift all-terrain forklifts, ARM telehandlers and multiloaders.
“As a continuation of Liftking’s global support network in the rough-terrain forklift field, we are pleased to announce that we have purchased all of the intellectual property of the Omega line of materials handling equipment so we can assist all customers and dealers with all parts, service and sales support for all units out in the field,” says Mark Aldrovandi, director of sales at Liftking.
The associated intellectual property acquired will further Liftking Manufacturing’s existing portfolio of construction and rough-terrain materials handling solutions to provide their customers with greater long-term productivity benefits.
Liftking is not revealing what it paid for the assets of the bankrupt manufacturer that was liquidated in September, owing more than 10 million CAD.
It is not yet clear when the Omega models will return to production.
Liftking general manager Jeff Cockerton tells Forkliftaction News that the company intends to support existing Omega customers with parts and service. “Timing will depend on how quickly we can work through the information we have purchased,” he says.
Liftking will also contact Omega dealers once it has reviewed the assets it has purchased and works out “how we can help them”, he adds.