RAVAS acquires LTS Scale
RAVAS has acquired LTS Scale to further develop the US market for mobile scales integrated in hand pallet jacks, warehouse trucks and forklift trucks, and consequently grow market share. Since 1994, LTS Scale is a renowned manufacturer of high precision fork lift scales. The company will be owned and managed by RAVAS.
The acquisition of LTS is in line with the RAVAS ambition to become the preferred global partner for innovative and quality mobile weighing solutions, supported by excellent services. Niels van den Berg, CEO of RAVAS, explains: “Recently, we have redefined our mission, vision and worldwide business strategy. We consider the United States to be one of the main growing markets in our mobile weighing sector. The combination of the LTS product range, with more NTEP certified scales, and a professional sales and service organization will enable us to further expand our market share in the US. We strongly believe that LTS is the right partner to support us in achieving our US based business goals.”
Until further notice, the LTS Scale brand name will remain active, together with RAVAS Europe and RAVAS USA, LLC. Michael David, President/CFO of LTS Scale, adds: “We are particularly content with the fact that the RAVAS products, solutions and expertise are being added to LTS Scale. This will increase our sales scope and
operational efficiency significantly.”
RAVAS is the inventor of iForks, and manufactures and distributes mobile weighing solutions, integrated in hand pallet jacks, warehouse and forklift trucks. In addition, our connectivity solutions help you to further optimize your supply chain. RAVAS has been established in the 1960s and has been active in the US as RAVAS USA, LLC since 2007. More info: www.ravas.com/en
About LTS Scale
LTS Scale features a wide variety of high-precision industrial scales, specifically designed for fork lift applications. More info: www.ltsscale.com