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HD Construction Equipment, parent company of Hyundai and Develon, will partner with Manitou Group and its Gehl brand in a mutual sales partnership to expand compact equipment lineups globally. HD will source compact equipment from Manitou, and Manitou will add Hyundai and Develon equipment to its brands.
“South Korean-based HD Construction Equipment, parent company of Hyundai and Develon, will partner Manitou Group of France on a new agreement designed to capture a larger share of the rapidly growing compact construction equipment market.”equipmentworld.com
Summarized from public sources; check the original articles before acting on it.