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Two major European publications – Logistik Journal and DHF Magazine – have again put TICO at the top of their latest world ranking lists. The ranking is based on TICO’s annual turnover for the financial year from April 2006 to March 2007. During this period, TICO reported annual turnover of €5.2 billion for its materials handling equipment operations.

TICO has been the global leader in Materials Handling since 2001. TICO’s materials handling division, Toyota Material Handling Group (TMHG), is divided into four regional divisions, including Toyota Material Handling Europe (TMHE). TMHE is responsible for European market operations for the Toyota and BT product brands.

Active in more than 30 European markets, TMHE has annual turnover of more than €1.5 billion. With European production centres in Ancenis (France); Bologna (Italy) and Mjölby (Sweden), TMHE has approximately 400 sales and service centres and 8,000 employees across Europe.

In line with its focus on continuous improvement, TMHE has been reviewing European market needs in detail in order to find the best distribution structure for enhancing customer service and efficiency. As a result the company has merged Toyota and BT sales and service operations in a number of countries where it was decided that this would provide even better service and support to customers.

Integrated marketing and sales companies in these countries will offer customers one-stop shopping for the full range of Toyota and BT products and services.

Commenting on TICO’s performance in the latest world ranking lists, Andrew Elliot, TMHE Executive Vice President Marketing, says: “Retaining the position of world leader in a very strong market is an outstanding achievement for Toyota Material Handling. We are proud of the contribution that our European organisation has made to our global success, and we look forward to continuing to build on our strong position in Europe.”

Andrew Elliot adds: “We are grateful that so many customers in Europe and around the world have chosen us as their materials handling partner. Our goal is to deliver innovative products and services which add value to our customers’ businesses. We believe the developments which are taking place in our organisation will help us to serve even better the unique needs of our European customers.”

In May 2008, TMHE will take part in CeMAT 2008 in Hannover, Germany. CeMAT 2008 will mark the first time that the TMHE organisation will be on one stand for a major pan-European fair. At the Hannover event, TMHE will show its comprehensive range of Toyota and BT products and services, including several new product models.

For more information on TMHE, please visit the TMHE website
For more information on TICO, visit

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