Carelift

Carelift
www.carelift.com

Carelift Telehandlers, owned by Skyjack Inc.,  provides specialiezed forklifts with capacities from 20,000 to 32,000 lbs.  and lifting heights up to 44’. The ZOOM BOOM  Superweights maximize jobsite  performance and productivity.

LINAMAR ANNOUNCES THE ACQUISITION OF CARELIFT EQUIPMENT LIMITED BY SKYJACK
INC., A LINAMAR COMPANY
August 22, 2007, Guelph, Ontario – Skyjack Inc., a Linamar Company (LNR:TSX) today announced it has
finalized its purchase agreement and acquired telehandler manufacturer Carelift Equipment Limited
based in Breslau, Ontario.
Earlier this month, Linamar announced it had an interest in acquiring the Carelift business by signing a
purchase agreement. The deal to acquire Carelift, a local telehandler business was signed today.
The Carelift business complements Linamar’s Skyjack business, which currently produces aerial work
platforms for the industrial market. This acquisition allows the company to capitalize on a new model of
aerial work platforms, the ZoomBoom. The telehandlers will enhance Linamar’s industrial business,
Skyjack Inc., an already successful brand for the company, popular for its scissor lifts and recently
launched boom lifts.
“We are thrilled to add Carelift to our portfolio and build on the success we have had in the industrial
market,” said Linda Hasenfratz, Linamar CEO. “We have seen tremendous growth in demand for our
Skyjack products and feel there is great sales potential in leveraging our existing expertise to add a new
model to our already successful line of aerial work platforms.”
Linamar will continue the current lease on the existing Carelift site in Breslau, Ontario at 5111 Fountain
St. N, and retain the company’s existing 60 employees. The long term plan is to accommodate the
telehandler business at Skyjack, as it will be structured under Linamar’s industrial group and managed by
the Skyjack team. Financial details regarding the transaction will be reviewed on our next quarterly
conference call in November.
Carelift designs and builds durable, dependable rough terrain forklifts. The telehandler product has
advanced reach and can reach heights from 32 to 56 feet. Additionally, CareLift products are well
regarded in the industry for high quality and reliability, which aligns with Skyjack’s existing product design
principles.