Illinois Material Handling acquires Servicemax Inc.

Wolter Group LLC, Brookfield, Wis., has acquired material handling distributor Servicemax Inc. of Bolingbrook, Ill. Servicemax will join forces with Illinois Material Handling, a member of the material handling sector of Wolter Group LLC.

“As our seventh acquisition in the last five years, Servicemax Inc. doubles our technician coverage in the metro Chicago market,” said Jerry Weidmann, president of Wolter Group LLC.

Servicemax and its staff of 30, including owner Steve Sponza, will continue to operate out of Bolingbrook under the Illinois Material Handling brand name. As a result of this acquisition, Illinois Material Handling will now offer the Jungheinrich and Mitsubishi Forklift brands.