Crown Equipment buys lithium-ion power company

NEW BREMEN — Crown Equipment, a handling company, announced that it acquired Green Cubes Technology. Green Cubes is a leading manufacturer of lithium-ion power systems. By combining the companies, the acquisition supports Crown’s efforts to increase innovation and deliver an expanded range of energy solutions to customers across key markets. “The acquisition of Green Cubes Technology represents an exciting opportunity for Crown and our customers,” said Jim Dicke III, president of Crown Equipment. “Green Cubes has built a strong reputation and brings capabilities that complement our existing energy solutions portfolio. We look forward to welcoming the Green Cubes team to Crown and building on our shared commitment to excellence.” Financial terms were not disclosed.