Manitou strikes asset deal with Dezzo Equipment

News Story
- 16 May 2024 ( #1179 ) - Chloorkop, South Africa
1 min read
Dezzo Equipment's staff will become part of Manitou Group
Dezzo Equipment's staff will become part of Manitou Group

Aerial work platform maker Manitou Group has struck an asset deal with its South African dealer Dezzo Equipment. 

Dezzo Equipment has been a Manitou distributor in South Africa since 2008, servicing the Northern Cape and Mpumalanga regions. 

"Dezzo Equipment has a huge expertise, with many technicians and a perfect knowledge of our products and services,” says  Darren Hall, vice president Middle East Africa and managing director of Manitou Southern Africa.

“We are proud to integrate the staff into Manitou Group. This operation will enable us to maintain and strengthen our products and services offer to our customers in these two areas".

This assets deal will be finalised in the third quarter of this year, pending approval by the South African merger control authorities.

Dezzo Equipment employs 28 people and had sales of EUR8 million (USD8.65 million) in 2023.

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In this week’s Forkliftaction News , we report on a case coming out of the US where two companies and their executives have been charged with defrauding the government, after allegedly importing forklifts from China , and then selling them to government agencies while misrepresenting their origins as being from the US... Continue reading

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