TOKYO—Nissan Motor Co. has completed its acquisition of Atlet AB through its subsidiary, Nissan Forklift Europe B.V.
Toshio Aoki, general manager of Nissan’s industrial machinery division, has been appointed as chairman of the board at Atlet, and Keiji Ikeda of Nissan Motor has been appointed CEO of Atlet. Both will be based in Mölnlycke, Sweden.
Combined, the companies produce more than 36,500 units worldwide a year. Both brands and sales networks will be operated separately, according to Nissan.