Lonestar Forklift Announces Strategic Acquisition of Permian Machinery Movers, Expanding Its Reach Across Texas

Garland, Texas (March 28, 2024)— Lonestar Forklift, a prominent player in the forklift and material handling equipment sector, has officially acquired Permian Machinery Movers (“Permian Machinery”), a long-time integral regional dealership based in Odessa and El Paso, Texas. This strategic move not only broadens Lonestar Forklift’s geographic footprint but also establishes it as one of the most comprehensive material handling service providers in the state of Texas.

With this acquisition, Lonestar Forklift now operates an expansive network of 10 sales and service locations throughout Texas, ensuring unparalleled support and accessibility for customers across the state. This expansion signifies a significant enhancement in Lonestar Forklift’s ability to offer a diverse range of products, services, and support capabilities, which now expand into critical regions including Permian and West Texas.

John Mutis, President of Venturis Capital—the parent company of Lonestar Forklift—highlighted the acquisition as a pivotal development in line with the company’s ambitious growth and market expansion strategies. Venturis Capital, headquartered in Vancouver, B.C., Canada, oversees a portfolio of over 60 equipment dealership and operator training locations across North America, including Leavitt Machinery.

“This acquisition is more than a milestone for Lonestar Forklift; it’s a leap forward in our mission to deliver comprehensive material handling solutions across Texas,” Mutis stated. “Integrating Permian Machinery into our dealership network family not only extends our reach but also enriches our offering with new product lines and alternative equipment brands, while simultaneously reinforcing our leadership in the industry.”

The merger, which became effective on January 1, 2024, will undergo a six-month period of co-branding before fully transitioning the Permian Machinery locations into the Lonestar Forklift dealership network. This integration is aimed at ensuring a seamless transition for customers and employees alike, preserving the high standards of service and expertise for which both companies are known.

Lonestar Forklift’s expanded network is poised to set new benchmarks in the material handling sector, offering Texas businesses unprecedented access to a vast array of forklift and material handling solutions, backed by a commitment to excellence and customer satisfaction.

About Lonestar Forklift

Lonestar Forklift brings over three decades of unmatched expertise in the forklift and material handling equipment to our customers in a diverse range of industries. As a premier dealership with a robust presence across Texas, our locations in Garland, Fort Worth, San Antonio, Dallas, Houston, Midland, Longview, Corpus Christi, and Austin underscore our commitment to accessibility and service excellence.

Recognized as one of the top consecutive Hyundai Material Handling dealers in North America, Lonestar Forklift has evolved beyond its forklift origins to offer an extensive selection of material handling and lift equipment. Our expanded inventory now includes skid steers, terminal tractors, high capacity and rough terrain forklifts, and boom lifts, designed to meet the demands of our customers with safety and efficiency at the core of everything we do.

In 2024, Lonestar Forklift further extended its reach by adding three new locations within Texas, solidifying our leadership as the premier forklift provider in the state and affirming our role as a comprehensive solutions provider in the broader material handling sector. Our dedicated team of experts is committed to delivering a wide array of new and used equipment options, complemented by exceptional service, readily available parts, comprehensive rental options, and thorough operator training programs.

For more information about Lonestar Forklift and our wide range of services and products, visit us at lonestarforklift.com or contact us at 877-401-4569.

About Permian Machinery Movers

Since its inception in 1981, Permian Machinery has been a steadfast presence in the material handling industry, serving the Odessa and El Paso regions with dedication and expertise. Our foundation is built on a deep understanding of our customers’ needs and the unique demands of the West Texas market. At Permian Machinery, we pride ourselves on our rich history and commitment to delivering quality equipment and services.

Our focus has always been on fostering strong relationships with our clients, ensuring they have access to the best solutions for their material handling challenges. With a team that values integrity and professionalism, we have consistently provided top-tier service, parts, rentals, and support.

For more information about our legacy and services, please visit our website. At Permian Machinery, we are more than a business; we are a trusted partner in your material handling journey, and we look forward to continuing to serve your needs in West Texas under the Lonestar Forklift name.

 

 

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