Interview: why Riccardo Magni has high hopes for the future

Jenny Lescohier Editor, Rental Briefing

12 December 2023

In 2016, Riccardo Magni sold 20% of the company he founded to Dingli, an up-and-coming Chinese OEM with goals to make a name for itself in Europe with a line of boom lifts designed by the Italian manfacturer. Since then, both companies have benefited from the partnership, however Magni regained full ownership last month in a move to take full advantage of growth opportunities. We sat down with Riccardo Magni to find out what’s new with the company’s machines, as well as his views on the future.

These are exciting times for Magni Telescopic Handlers. The Italian OEM last week announced the enhancement of its RTH Series of rotating telehandlers during a dealer event at its US manufacturing plant in Texas, and announced it has regained full ownership of the company following the purchase of the…

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