Manitou completes pair of majority ownerships

Manitou Group has finalised the acquisition of a 75% stake in Italian companies Come and Metal Work, following its announcement in November last year that it would invest in them. 

The majority ownership of two of France-based Manitou’s most longstanding partners will allow it to integrate the manufacturing of strategic components. 

Come specialises in the production of mechanically welded parts and is based in Emilia Romagna. The company achieved a €46 million turnover in 2022 and employs 280 people.

Laser cutting and folding company Metal Work is also based in Emilia Romagna. It has 70 employees and posted revenue of €31 million last year. 

Manitou signs up to green transport charter Group has joined the FRET 21 charter aimes at drastically reducing transport related emissions
STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: [email protected]
Lewis Tyler
Lewis Tyler Editor Tel: 44 (0)1892 786285 E-mail: [email protected]