Myers Industries to Sell European Material Handling Group
Myers Industries, Inc., Akron, OH, has agreed to sell its European Material Handling Group to the UK-based LINPAC Materials Handling (LMH).
Myers Industries European Material Handling Group is comprised of the Allibert-Buckhornﾙ and raaco ﾮ brands, which are manufacturers of returnable plastic containers, pallets, and storage systems used across many industries.
John C. Orr, Myers Industries' president and CEO, said, 'While the European businesses no longer fit with Myers' long-term strategic direction, each of the operations and the talented people employed by them provide great potential under new ownership by LMH.'
The intended sale is consistent with Myers Industries' strategy to divest non-strategic operations, ...