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Wednesday, 16 March 2016

Polaris

Polaris acquires Taylor-Dunn to expand its Work & Transportation unit

Polaris Industries Inc. has acquired Anaheim, California based Taylor-Dunn, a provider of industrial vehicles, serving a broad range of commercial, manufacturing, warehouse and ground-support customers. 


Taylor-Dunn, a privately owned company, joins prior acquisitions GEM, Goupil, Mega and Aixam, as well as Polaris Commercial Off-Road Vehicle (ORV) Sales, in Polaris’ Work & Transportation division, part of Polaris’ Global Adjacent Markets business.
"While Polaris is best known for our leadership in powersports, adjacent markets are an important aspect of our growth strategy, and industrial vehicles are a natural extension for us," said Dan Chumbler, General Manager, Work & Transportation, Polaris.
"Taylor-Dunn is a leader in light industrial and commercial vehicles and has a deep understanding of industrial customers. They’ve earned a stellar reputation over the last 60+ years of providing application-specific solutions that are reliable, efficient and economical. With Taylor-Dunn joining our portfolio, we look forward to offering an expanded product portfolio and enhanced commercial sales and service to a larger customer base."


Taylor-Dunn will become a wholly owned subsidiary of Polaris. It will continue to be a distinct brand and operate from its current headquarters and manufacturing facilities.
Polaris Industries reported annual sales of $4.7 billion for 2015.