Cascade Corporation has finalized the acquisition of a 60% stake in Eurofork S.p.A., with the remaining 40% held by FT Invest Srl, ensuring continuity in Eurofork’s governance and strategic direction. The transaction, already announced in recent months, is now fully effective.
Eurofork will continue to operate in collaboration with all system integrators worldwide as a Tier 1 supplier, maintaining full independence and commercial neutrality. The closing of the operation will further strengthen its global presence, enhancing the “Eurofork Point” model and reinforcing its technical and operational support capabilities in key markets.
“The fact that a U.S.-based multinational company such as Cascade Corporation has chosen to invest in our region is a source of great pride, not only for us but for the entire Italian industrial ecosystem. Cascade has recognized in Eurofork a company of technological excellence and a partner with strong growth potential,” says Maurizio Traversa, CEO of Eurofork. “This step allows us to concretely accelerate our development path, expanding opportunities at all levels – from our employees through to the wider supply chain – and strengthening our role in a global context, without sacrificing our identity and independence.”
Headquartered in Portland, Oregon (USA), and with more than 30 locations worldwide, Cascade Corporation is the global leader in the design, manufacturing, and commercialization of attachments, forks, masts, and related technologies for forklifts and AGVs.
“The closing of this investment marks an important milestone for Cascade and Eurofork,” says Davide Roncari, President & CEO of Cascade Corporation. “By bringing our organizations together, we are strengthening our position in advanced logistics and expanding our ability to deliver more comprehensive, end-to-end solutions to customers worldwide. We are committed to supporting Eurofork’s continued growth while preserving the independence, technical strength, and customer focus that have made it a trusted partner to system integrators.”
The transaction also underscores the commitment to consolidating and enhancing the expertise developed by Eurofork over time, reinforcing its organizational structure and establishing the foundation for long-term sustainable growth.
