Tadano Acquires Manitex International

September 13, 2024

Tadano Ltd. agreed to acquire Manitex International, Inc. in an all-cash transaction valued at $223 million ($5.80 per share). The deal was implemented via a reverse triangular merger and was expected to close in early Q1 2025, subject to shareholder and regulatory approvals.

Buyers
Tadano Ltd.
Targets
Manitex International, Inc.
Location
Illinois, United States
Transaction Type
Buyout

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