Deals

Manitou group acquires Come and Metalwork

Company reference in the handling, aerial work platforms and earth moving sectors

Background

The Manitou Group is a French multinational company specializing in handling, lifting and earthmoving solutions for agriculture, construction and industry. It is a world leader in the material handling industry and designs, manufactures, distributes and services a wide range of machines.

Deal Summary

Acquisition by the Manitou Group of a 75% majority stake in the Italian companies COME S.r.l., a company specializing in the production of mechanically welded parts, and Metal Work S.r.l., specialized in laser cutting and bending of steel sheets. These two historic partners will now be integrated, enhancing the production of strategic components and know-how, including welded parts, laser cutting, and bending. These investments will support the group's growth by integrating two upstream phases of the machine assembly process, produced at the Manitou Group facility in Castelfranco (Emilia-Romagna).

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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Simone Giarratana

Nash Advisory

T: +39 3711695848

Alisea Zucca

Nash Advisory

T: +39 3278479698

Giorgio Barbero

Nash Advisory

T: +39 3498666518