M&A Deal Summary

Manitowoc Acquires Enodis

On June 30, 2008, Manitowoc acquired manufacturer Enodis for 2.7B USD

Acquisition Highlights
  • This is Manitowoc’s 1st transaction in the Manufacturing sector.
  • This is Manitowoc’s largest (disclosed) transaction.
  • This is Manitowoc’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2008-06-30
Target Enodis
Sector Manufacturing
Buyer(s) Manitowoc
Deal Type Add-on Acquisition
Deal Value 2.7B USD

Target

Enodis

London, United Kingdom
Enodis plc designs, manufactures and sale of commercial food equipment.

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Buyer(S) 1

Buyer

Manitowoc

Milwaukee, Wisconsin, United States

Category Company
Founded 1902
Sector Machinery
Employees4,800
Revenue 2.2B USD (2023)
DESCRIPTION

Manitowoc is a manufacturer of crawler cranes, tower cranes, and mobile cranes for the heavy construction industry, which are complemented by product support services. Manitowoc also manufactures commercial food service equipment. Manitowoc was founded in 1902 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 2 of 4
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (United Kingdom) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 McCann s Engineering & Manufacturing

Los Angeles, California, United States

McCann’s is engaged in the design and manufacture of beverage dispensing equipment used in fast food restaurants, stadiums, cafeterias and convenience stores.

Buy $36M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-15 Scotsman Industries

Vernon Hills, Illinois, United States

Scotsman Industries, Inc. is the global manufacturer of commercial ice machines with related products including storage bins, ice and water dispensers, industrial ice machines, high-end residential ice machines, blast chillers and commercial refrigeration units.

Sell $160M