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Manitou Group M&A Activity 2024
1503_iss_2024-10-01_57fd2c69-3490-4dd5-958c-7786e84c7a70.pdf
M&A Activity
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Dezzo Equipment assets deal finalized
Ancenis, October 1, 2024 — Manitou Group, a world reference in the handling, aerial work platform and earthmoving sectors, announces the finalization for an assets deal with its South African dealer Dezzo Equipment.
This investment enables the group to sustain its activities and strengthen its service to customers in the region.
Dezzo Equipment has specialized in the sale of Manitou equipment and services in South Africa since 2008. The distributor's various sites cover the Northern Cape and Mpumalanga regions. Dezzo Equipment employs 28 people and had sales of 8 million euros in 2023.
Code ISIN : FR0000038606 Indices : CAC ALL SHARES, CAC ALL-TRADABLE, CAC INDUSTRIALS, CAC MID & SMALL, CAC SMALL, EN FAMILY BUSINESS
Company information is available at www.manitou-group.com
Shareholder information: [email protected]
As a world reference in the handling, aerial work platform and earth moving sectors, Manitou Group's mission is to improve working conditions, safety and performance around the world, while protecting people and their environment. Through its flagship brands – Manitou and Gehl – the group designs, produces, distributes and services equipment for construction, agriculture and industry. By placing innovation at the heart of its development, Manitou Group constantly seeks to bring value to all its stakeholders. Through the expertise of its network of 900 dealers, the group works more closely with its customers every day. Staying true to its roots, Manitou Group is headquartered in France. It achieved a 2022 turnover of €2.4 billion and brings together 5,000 talented people worldwide, all driven by a shared passion.
