BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.

Written by Emily J. Thompson, Senior Investment Analyst

MNTX%

Source: Newsfilter

Updated: Jan 07 2025

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Source: Newsfilter

Acquisition Announcement: Manitex International, Inc. has been acquired by Tadano Ltd. in an all-cash transaction valued at $223 million, marking a significant consolidation in the construction equipment sector.
Company Overview: Manitex is a leading manufacturer of mobile truck cranes and aerial work platforms, with a strong presence in the global market and recognized brands, while Tadano is a well-established crane manufacturer based in Japan.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.

About the author

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