Matbro was a brand of lifting equipment, popular with farmers. Matbro produced a wide range of all terrain forklifts and telescopic handlers in their distinctive yellow livery, using engines derived from Ford and Perkins. Matbro began operating at a loss in the late 1990s and in the end went under in 2003 after accounting issues in their parent company Powerscreen. The old designs were then sold to the tractor company John Deere, which sub-licensed them to heavy lifting company Terex, who continued to evolve the designs, with new ideas such as side-mounted engines instead of rear ones and hydrostatic drive.
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