Jungheinrich buys Australia's All Lift to grow in APAC rental market
What's the deal? German material handling equipment maker JungheinrichDealroom has a profile for this one. Try Dealroom → is acquiring All Lift ForkliftsDealroom has a profile for this one. Try Dealroom →, a family-owned Australian dealer and rental specialist. The Sydney-headquartered business runs six locations across Australia, a diversified rental fleet and a service network serving a broad range of industries. All Lift will keep operating under its existing brand.
Why now? The deal fits Jungheinrich's Strategy 2030+, which targets growth markets beyond Europe. Australia is one of the largest material handling equipment markets in the Asia-Pacific region, and the company says rental demand is rising as customers seek flexible, lifecycle-based offerings.
What's the endgame? Jungheinrich wants to expand its footprint in the growing rental segment, where All Lift brings rental expertise, an established customer base and a service network. Combined, the two plan to strengthen their offering across ownership, rental and service solutions.
"The acquisition of All Lift is a logical step in strengthening our presence in Australia and advancing our growth ambitions in the APAC region," said Nadine Despineux, a board member for sales at Jungheinrich.
"For more than 26 years, our success has been built on great people, strong customer relationships and a commitment to quality service," said Dean Kretchmer, managing director of All Lift. He added that Jungheinrich shares the company's values and long-term vision.
The signal: The purchase continues Jungheinrich's acquisitive year. Earlier in 2026, it took a 4.9% stake in Chinese industrial truck maker EP EquipmentDealroom has a profile for this one. Try Dealroom → and a stake in NavflexDealroom has a profile for this one. Try Dealroom →, which builds physical AI and truck loading automation. The moves point to a broader push to consolidate and expand outside its European base.
Read more: Modern Materials Handling
Image credit: GlacierNPS
