Clover takes on LMI customers

Clover takes on LMI customers

Customers of the remanufacturer LMI, which entered receivership in August, are being transferred to Clover following their recent acquisition of the LMI assets. On 20 September, Clover Imaging Group confirmed that it had finalised the acquisition of the business...
Kelley acquires in Washington state

Kelley acquires in Washington state

Kelley Imaging Systems announced it has expanded its market reach in Washington with the acquisition Empire Office Equipment of Lacey, Washington.  This strategic acquisition strengthens Kelley Imaging’s Washington state coverage to better serve existing and new...
Machine sharing – no capital commitment

Machine sharing – no capital commitment

A US-based start-up company has launched a service that enables machine-sharing between companies. Asset Finance International calls the newly launched service the ‘Uber of the manufacturing equipment industry’, stating McPond launched the “machine-sharing...
LMI: Receivers appointed

LMI: Receivers appointed

Following an application by Midcap Funding, the Arizona Superior Court appoints MCA Financial Group as receiver of Phoenix-based LMI Solutions. The competitive North American market claims another casualty as LMI Solutions (LMI) entered receivership following an...