To support its dealer network with innovative financial solutions, Mitsubishi Logisnext Europe (MLE), part of Mitsubishi Logisnext (ML), a world-leading provider of logistics and materials handling solutions, has entered into a partnership with DLL, a global vendor finance company. The collaboration between the two organizations will be positioned in the market as Logisnext Financial Services.
Mitsubishi Logisnext Europe was created April 1, 2020, as a result of the integration of Mitsubishi Caterpillar Forklift Europe (MCFE) and UniCarriers Europe and has a multi-brand strategy with brands such as Mitsubishi Forklift Trucks, Cat Lift Trucks, TCM, UniCarriers and Rocla AGV under one roof.
Mike Kinka, Head of Program Management Construction, Transportation & Industrial Global Business Unit at DLL, said, “DLL already had a close relationship with MCFE in the past. This, in combination with the experience of DLL in the materials handling market, will bring the new cooperation with the merged brands to the next level.”
Ulf Berg, Vice President Dealer Sales at MLE, said, “MLE aims to be a leading provider of innovative logistics and material handling solutions, and this agreement with a partner like DLL brings us closer to that goal and will strengthen the position of MLE in the European market. With DLL we have the right financial match for us and our distribution network to keep developing our business with customized financial tools for each market.”
The flexible and innovative financial solutions available for all MLE products allow customers to be in control of their specific business and capital requirements. This approach permits efficient and effective operating costs that meet a customer’s business goals, and it enables them to be as competitive in their market as possible with the newest materials handling technology.
“We are preparing the launch of very exciting new products and the cooperation with DLL will ensure that gradually, we make these forklifts available for demos in each market in Europe,” added Berg. “We recognize the expertise and experience that DLL can offer to us and our partners. DLL can help us reaching out to new customers, new segments, and new markets with their extensive product portfolio. And knowing that DLL has been working with our partners for some years in key countries gives us the assurance that we have the perfect financial party at our side.”
The finance program will be launched to Mitsubishi Logisnext Europe dealers in the coming months. The dealers will be supported by the Logisnext Financial Services team to ensure successful implementation locally. The team is committed to offering proven industry experience and the highest quality service.