Holland Lift falls into liquidation

Holland Lift has gone into liquidation and has ceased all its activities.

The Netherlands-based scissor lift specialist is owned by Pro Delta Investments, which acquired the company in 2013 and is also the owner of access rental specialist Riwal.

Holland Lift

In a statement, Holland Lift said, “After careful consideration, Holland Lift International B.V. and its shareholder, have resolved to terminate the activities and to proceed with the liquidation of the company.”

Established in 1984 and headquartered in Hoorn, Holland Lift International employs around 70 people in the Netherlands, and Germany through Servi-Tec GmbH.

The company said that it had faced several challenges in recent years, among those being the substantial increase of steel prices, increasing overall running costs and severe supply chain issues following the Covid pandemic, along with the war in Ukraine. In addition, Holland Lift noted fierce competition from “low price newcomers”.

“Despite a staff reorganisation [in 2021], and heavy investments, which resulted in the launch of new designs and products and other measures,” added the company, “It proved not to be feasible to ensure long term viability for the company.”

STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
Lindsey Anderson Editor Tel: +1 312 929 4409 E-mail: [email protected]
Tony Radke Sales Manager Tel: +1 480 478 6302 E-mail: [email protected]
Ollie Hodges Sales Manager Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA