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fyrlt17

SMEAL Buys ALF

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Are the buying ALF, cause from what I understood they are only buying the LTI part of the business.

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It looks like they took over the LTI side of the business, the articles mention nothing about buying ALF or taking it over. It looks like they bought a piece of the company.

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Smeal Fire Apparatus Buys ALF!
Tuesday, June 10, 2014

Snyder, NE (June 9, 2014) – Smeal Fire Apparatus Co. announced today that is has acquired
the assets of LTI, including LTI ladders, platforms and tractor-drawn aerials, Squrt® and
TeleSqurt® boom-ladders and Snorkel® articulating aerial platforms. This acquisition enhances
Smeal’s product offering to the fire service, adding an extensive line of aerial apparatus to the
company’s already expansive line of industry-leading steel aerial ladders, platforms, and tillers.
With the addition of LTI aerials, Smeal now offers the largest selection of aerial models available
to the fire service.

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Again, smeal bought LTI, which was a company owned by ALF. As I understand it, LTI makes the physical aeriel device that goes on the truck. It's like if dodge goes out of business tomorrow and ford buys the company that made the dodge motors.

10512 and Pagers like this

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Tries to support himself by posting what we are saying. Haha.

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