BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2025
0mins
Should l Buy ?
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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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.
