Time Manufacturing Co. to acquire Ruthmann

Time Manufacturing Co., Waco, Texas, has agreed to acquire Ruthmann, a manufacturer of aerial work platforms based in Gescher-Hochmoor, Germany. Time is a global designer, manufacturer and distributor of aerial lifts primarily for the electric utility, telecommunications, infrastructure and forestry sectors. Time goes to market via several brands, including the Versalift line of aerial lifts and digger derricks, the Aspen Aerials line of under-bridge inspection units and the BrandFX line of fiberglass truck bodies.

The transaction is subject to regulatory clearance and is expected to close in the 2021 first quarter.