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Manitou Group Expands with Dezzo Equipment Acquisition

Manitou Group Expands with Dezzo Equipment Acquisition

Manitou BF (FR:MTU) has released an update.

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Manitou Group, a leader in handling and construction equipment, has solidified its presence in South Africa by acquiring the assets of Dezzo Equipment, its distributor since 2008. This strategic move not only sustains Manitou Group’s activities in the region but also aims to enhance services for local customers. Dezzo Equipment, with a turnover of 8 million euros in 2023, brings valuable local insight through its operations in the Northern Cape and Mpumalanga regions.

For further insights into FR:MTU stock, check out TipRanks’ Stock Analysis page.

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