LEAP India acquires SKAN Marine Services

Published - February 24, 2023 09:22 pm IST - Mumbai

Pooling solutions provider LEAP India said it had acquired SKAN Marine Services Pvt. Ltd., a material handling equipment (MHE) rental company for an unspecified amount.

“With this acquisition, LEAP becomes the number two company in India in forklift renting space when they combine the numbers of SKAN and their existing subsidiary Taron together,” the company said in a statement.

Sunu Mathews, founder & MD, LEAP India said, “We want to position LEAP India as a leading company in forklifts as well. This will enable us to partner with businesses where SKAN Marine has a strong presence, while continuing to work with brand’s where Taron already has its root base to accelerate growth of our brand identities.”

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.