Minority interest
Toyota acquires stake in dealer Löffler
Toyota Material Handling Germany and Löffler have strengthened their cooperation through a minority shareholding: Toyota acquires a minority stake in its dealer Löffler.
"We are very pleased about Toyota Material Handling's investment. This reflects the great trust in our family-run company," says Managing Director Roland Löffler. "Toyota's investment gives us a great deal of planning security to make our company fit for the future for our customers and their intralogistics with forklift expertise," adds Markus Löffler, Managing Director and Head of Sales.
The company from the Upper Palatinate employs a total of around 110 people at its headquarters in Obertraubling near Regensburg and its branch in Nuremberg. Löffler has been working in association with Dresdner Gabelstapler since 1990.
With long-term investments of this kind, Toyota aims to secure the sales channels of its current and future authorized dealers. "With this third investment in our Toyota dealerships, I am very pleased to be able to further expand the long-term safeguarding of Löffler Gabelstapler's corporate development and Toyota's sales success. It is a clear commitment to dual sales and thus to joint market penetration in Germany," explains Jan Lorenz, Managing Director of Toyota Material Handling. The investment was notarized at the end of July 2020. as
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