Tadano has taken over sales, service and spare parts supply for Valla industrial pick & carry cranes in Germany, Austria and Switzerland, following its acquisition of Valla owner Manitex in January 2025.
Manitex, a provider of lifting solutions and construction rentals, is now a subsidiary of Tadano Ltd., an OEM of lifting solutions.
Tadano Ltd. has signed a definitive agreement to acquire Manitex International, Inc. in an all-cash transaction valued at $223 million. The transaction is expected to close early in the first quarter of 2025.
Japanese crane maker Tadano Global purchased 2,918,542 shares of Manitex for approximately $32.7 million, giving it 15% ownership and the right to designate a board member. The deal is expected to close May 30, 2018.
Japanese crane manufacturer Tadano acquired a 14.9% stake in US boom truck and crane manufacturer Manitex for $32.6 million, valuing Manitex at nearly $219 million. The investment aims to expand Tadano's global reach and includes cooperation on product supply and technology.