Manitou finalizes acquisition
Finalization of the acquisition of a majority stake in COME and Metal Work underway.
Manitou Group announces the finalization of the acquisition of a 75 percent majority stake in the Italian companies COME S.R.L and Metal Work S.R.L announced November 8, 2023.
The acquisition of these two partners will allow to support Manitou Group’s growth integrating the manufacturing of strategic components. Come and Metal Work will also continue to develop their business activity with their customers.
COME S.R.L is specialized in the manufacturing of mechanically welded parts. Based in Emilia Romagna (Italy), COME achieved a €46m turnover in 2022 with 280 people.
Metal Work S.R.L is specialized in laser cutting and folding manuafacturer. Based in Emilia Romagna (Italy), Metal Work achieved a €31m turnover in 2022 with 70 people.
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