All manitex international Articles
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A round up of the latest developments in the spiderlift market
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Manitex International will be acquried by Tadano Ltd. at an equity value of US$123 million and total transaction value of $223 million
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The company reports increases in sales and a strong backlog that has surpassed $200 million.
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Steve Filipov replaced by former AMECO and H-E Parts executive
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Fabrizio Girotti now responsible for Italian manufacturer Valla cranes in addition to Oil & Steel aerials
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The cranes and specialized industrial equipment secured an order for Oil & Steel aerial platforms in Italy.
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Net sales for the second quarter were $60.0 million, compared to $37.1 million in the prior year’s second quarter.
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Manitex repayed remaining principal and interest on two notes and payed down its European debt associated with its subsidiary PM Group.