RALEIGH, NC — Gregory Poole Equipment Company recently announced that it has closed on its acquisition of the operations and assets of Dougherty Equipment Company, Inc., VBS Inc. Material Handling Equipment, and certain assets of Briggs Equipment, Inc.
The acquisition process has uncovered significant economies of scale and synergies and is expected to nearly double the division’s annual revenue.
Following this acquisition, Gregory Poole has been appointed as an authorized dealer of Hyster and Yale lift trucks across four states and one of the region’s largest overall material handling dealers. It is now the Yale® dealer in portions of North Carolina, South Carolina and Virginia, and the Hyster® dealer in most of Virginia and in portions of North Carolina, South Carolina and West Virginia. While Gregory Poole will no longer represent other competitive supplier relationships, it will continue to support its current customers through existing service agreements.
