Amplex AB completed the acquisition of Lift Rite.

Amplex AB, a corporate group that acquires, owns and develops technology companies in selected niches, completed the acquisition of Lift Rite, a supplier of lifting equipment and material handling solutions. Financial terms were not disclosed. "Pronomic manufactures high-quality material handling equipment and has long been a valued partner of Lift Rite. Together we will strengthen our offerings and become even more attractive as suppliers in our respective main markets," Mark Dardis, Lift Rite Managing Director.