# Vermeer buys minority stake in MultiOne, expanding loader partnership

Vermeer purchased a minority equity share in Italian OEM MultiOne, expanding their partnership to sell Vermeer-branded compact articulated loaders globally. MultiOne will continue manufacturing under its own brand outside North America.

- Type: Acquisition
- Announced: 2021-02-05
- Where: Vicenza, Italy
- Status: completed
- Products: compact articulated loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Vermeer Corporation](https://endata.com/companies/19230.md) (acquirer)
- [MultiOne](https://endata.com/companies/53014.md) (target)

## Sources

- [equipmentworld.com](https://www.equipmentworld.com/construction-equipment/article/15042798/vermeer-ups-partnership-with-mini-articulated-loader-maker), 2021-02-05: "Vermeer has taken its agreement with MultiOne to the 'next level,' purchasing a minority equity share in the Italian OEM."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
