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Manitou2024-02-22T11:40:06+02:00

Project Description

INVOLVED COMPANIES
OPERATION TYPE

M&A

YEAR

2024

TEAM

Manitou

Manitou Group, a world reference in the handling, aerial work platforms and earth moving sectors, has acquired the majority of the shares of COME S.R.L, a company specializing in the production of mechanically welded parts, and the majority of the shares of Metal Work S.R.L, a company specializing in laser cutting. A long-standing partner of Manitou Group, COME, based in Emilia Romagna (Italy), boasts recognized know-how and industrial equipment for the manufacture of mechanically welded parts. Based in Forlì, near COME, Metal Work has extensive expertise in cutting and bending high-strength steel sheets. These investments will support the Group’s growth by integrating two upstream assembly stages for machines produced at the Manitou Group plant in Castelfranco (Emilia Romagna, Italy).

Nash Advisory acted as exclusive advisor for Manitou Group, dealing with all phases of the transaction, from negotiation to the signing of the binding contracts

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