NEW BREMEN, Ohio (November 9, 2026) – Crown Equipment, one of the world’s largest material handling companies, today announced its acquisition of Green Cubes Technology. Green Cubes is a leading manufacturer of lithium-ion power systems.
By combining the companies’ complementary expertise, technologies, and product portfolios, the acquisition supports Crown’s efforts to accelerate 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, 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.”
Mike Walsh, CEO, Green Cubes Technology, said, “On behalf of our employees and customers, we are thrilled to join the Crown Equipment team. As a privately held, family-owned company, Crown is an ideal strategic fit that brings global scale and a shared passion for innovation, quality products, and customer service.”
Crown’s customer-focused strategy is designed to provide a seamless, end-to-end customer experience anywhere in the world. The addition of Green Cubes supports the Company’s efforts to apply that focus to its V-Force energy solutions product offering.
Details regarding the financial terms and structure of the transaction are not being disclosed.
About Crown Equipment Corporation
Crown is one of the world’s largest material handling companies with a reputation for award-winning product design, advanced engineering and technology, and superior after-sale service. For over 80 years, Crown has been providing customers with products, services, and solutions they can count on. Crown’s business philosophy utilizes vertically integrated processes to design, manufacture and distribute forward-thinking, innovative solutions that improve customers’ productivity and operating efficiency. Crown produces a broad range of forklifts, batteries and chargers, as well as automation solutions and fleet management technologies, and warehouse solutions products and design services.
About Green Cubes Technology
Green Cubes Technology develops and manufactures safe and reliable electrification solutions that enable its OEM and enterprise customers to transition from Lead Acid and Internal Combustion Engine (ICE) power to Lithium-ion battery power in multiple vertical markets including Healthcare, Aviation Ground Support, Construction, Agriculture, Data Centers, Robotics and Material Handling.
For over 40 years, Green Cubes has utilized proven proprietary hardware and software platforms to build the most innovative and reliable Lithium power solutions and services. Green Cubes is headquartered in Kokomo, Indiana, USA with European and Asian Engineering and Manufacturing operations. For more information visit greencubes.com.
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