# Manitou Group acquires majority stakes in COME and Metal Work

Manitou Group has agreed to acquire 75% of COME S.R.L, a producer of mechanically welded parts, and 75% of Metal Work S.R.L, a laser cutting specialist. The acquisitions will be finalized in early 2024.

- Type: Acquisition
- Announced: 2023-11-08
- Where: Emilia Romagna, Italy
- Status: announced
- Products: mechanically welded parts, laser cutting services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Manitou](https://endata.com/companies/17913.md)
- [Manitou](https://endata.com/companies/17913.md) (acquirer)
- [COME S.R.L](https://endata.com/companies/73628.md) (target)
- [Metal Work S.R.L](https://endata.com/companies/73629.md) (target)

## Sources

- [webdisclosure.com](https://www.webdisclosure.com/press-release/manitou-epa-mtu-announcement-of-acquisition-of-a-majority-stake-in-the-italian-companies-come-and-metal-work-l6A6FUObgsq), 2023-11-08: "These investments will support the Group’s growth by integrating two upstream assembly stages for machines produced at the Manitou Group plant in Castelfranco."
- [manitou-group.com](https://www.manitou-group.com/en/new/announcement-of-acquisition-of-a-majority-stake-in-the-italian-companies-come-and-metal-work/), 2023-11-08: "We’re proud of these alliances with COME and Metal Work, with whom we’ve already been working for over 20 years."
- [vertikal.net](https://vertikal.net/en/news/story/42687/italian-acquisitions-for-manitou), 2023-11-09: "French aerial lift and telehandler manufacturer Manitou is to acquire a 75 percent stake in two of its Italian suppliers - welding and machining company Come SRL and associated laser cutting and high strength steel bending company Metal Work."
- [becp.eu](https://www.becp.eu/come-and-metal-work-sell-a-stake-to-the-manitou-group/), 2023-11-10: "These transactions will allow the group to integrate two important phases of the assembly of machines produced at the Manitou Group’s facility in Castelfranco."

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