BDA Advises Hyster-Yale on Agreement to Acquire 75% of Zhejiang Maximal Forklift Truck, China

BDA Partners is pleased to announce that its client, Hyster-Yale Materials Handling, Inc. (“Hyster-Yale”, NYSE: HY), has entered into a definitive agreement to acquire a 75% stake in Zhejiang Maximal Forklift Truck Co Ltd (“Maximal”) for US$90 million. The transaction is expected to close in the first half of 2018. BDA acted as exclusive financial advisor to Hyster-Yale on the []

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