Joloda International acquires Loading Automation

Joloda acquires LAI

Loading and unloading solutions company Joloda International has acquired a majority share in Loading Automation Inc (LAI) for an undisclosed amount.

Joloda said the move represented a “significant step” in its ambitious growth plans, while fitting in with the succession plans of previous LAI shareholders.

US-based LAI has distributed Joloda’s products in North America for more than 15 years.

As part of Joloda, LAI will now be able to offer the full Joloda ‘Hydraroll’ product range to the US market.

Brett Murill will continue as LAI president. Joloda said it intended to provide investment to expand the reach of the business across the US.

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