M&A Deal Summary

Manitex International Acquires PM Group

On July 21, 2014, Manitex International acquired machinery company PM Group for 91M USD

Acquisition Highlights
  • This is Manitex International’s 2nd transaction in the Machinery sector.
  • This is Manitex International’s largest (disclosed) transaction.
  • This is Manitex International’s 1st transaction in Italy.

M&A Deal Summary

Date 2014-07-21
Target PM Group
Sector Machinery
Buyer(s) Manitex International
Deal Type Add-on Acquisition
Deal Value 91M USD

Target

PM Group

San Cesario sul Panaro, Italy
The PM group is a provider of equipment for lifting and aerial works. PM operates through three divisions: PM Group, Oil&Steel and Pilosio. PM Group is the market leader in Italy and the fourth producer worldwide, generating 51% of its turnover in more than 60 foreign countries. Oil&Steel, active in the production of aerial platforms for trucks, is a fast-growing division, thanks to a highly innovative approach that allowed it to quickly win the leadership in the Italian market. Pilosio is one of the historical competitors in the scaffolding (including mastclimbing) and formwork sectors.

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Buyer(S) 1

Buyer

Manitex International

Bridgeview, Illinois, United States

Category Company
Founded 1993
Sector Machinery
Revenue 291M USD (2023)
DESCRIPTION

Manitex International provides engineered lifting solutions including boom truck and rough terrain cranes, rough terrain forklifts, special mission oriented vehicles, container handling equipment and specialized engineered trailers. Manitex International was founded in 1993 and is based in Bridgeview, Illinois.


DEAL STATS #
Overall 3 of 3
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Italy) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-19 Sabre Manufacturing

Knox, Indiana, United States

Sabre Manufacturing LLC is a provider of custom Liquid Storage and Containment solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-30 Manitex Load King

Bridgeview, Illinois, United States

Manitex Load King, Inc. is a designer, manufacturer and marketer of custom and standard model products.

Sell -