{"id":797406,"date":"2025-01-02T07:33:25","date_gmt":"2025-01-02T12:33:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\/"},"modified":"2025-01-02T07:33:25","modified_gmt":"2025-01-02T12:33:25","slug":"manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\/","title":{"rendered":"Manitex International Announces Closing of its Acquisition by Tadano Ltd."},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Manitex International Announces <\/b><b>Closing of its Acquisition by Tadano Ltd.<\/b><\/p>\n<p>BRIDGEVIEW, Ill.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nManitex International, Inc. (NASDAQ: MNTX) <b>(\u201cManitex\u201d or the \u201cCompany\u201d)<\/b>, a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the closing of its acquisition by Tadano Ltd. (\u201cTadano\u201d). Under the terms of the previously announced agreement, Manitex shareholders are receiving $5.80 in cash for each share of common stock they own. Following the acquisition, Manitex is a wholly owned subsidiary of Tadano, and Manitex\u2019s shares are no longer publicly traded.<\/p>\n<p><b>ABOUT MANITEX INTERNATIONAL<\/b><\/p>\n<p>\nManitex International is a leading provider of mobile truck cranes, industrial lifting solutions, aerial work platforms, construction equipment and rental solutions that serve general construction, crane companies, and heavy industry. The company engineers and manufactures its products in North America and Europe, distributing through independent dealers worldwide. Our brands include Manitex, PM, Oil &amp; Steel, Valla, and Rabern Rentals.<\/p>\n<p><b>ABOUT TADANO<\/b><\/p>\n<p>\nSince Tadano developed Japan\u2019s first hydraulic truck crane in 1955, the company has grown globally, while constantly striving to implement its Corporate Philosophy of Creation, Contribution, and Cooperation. The Tadano Group delivers its Core Values \u2013 Safety, Quality, and Efficiency Based on Compliance (C+SQE) \u2013 in each and every one of its products and services.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250102888769r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250102888769\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250102888769\/en\/<\/a><\/span><\/p>\n<p><b>IR CONTACT<br \/>\n<\/b><br \/>Paul Bartolai or Noel Ryan<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:MNTX@val-adv.com\">MNTX@val-adv.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Engineering Architecture Fleet Management Automotive Manufacturing Other Energy Manufacturing Other Transport Automotive Other Construction &amp; Property Trucking Energy Machinery Construction &amp; Property Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250102888769\/en\/1698440\/3\/Manitex_International_horizontal_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Manitex International Announces Closing of its Acquisition by Tadano Ltd. BRIDGEVIEW, Ill.&#8211;(BUSINESS WIRE)&#8211; Manitex International, Inc. (NASDAQ: MNTX) (\u201cManitex\u201d or the \u201cCompany\u201d), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the closing of its acquisition by Tadano Ltd. (\u201cTadano\u201d). Under the terms of the previously announced agreement, Manitex shareholders are receiving $5.80 in cash for each share of common stock they own. Following the acquisition, Manitex is a wholly owned subsidiary of Tadano, and Manitex\u2019s shares are no longer publicly traded. ABOUT MANITEX INTERNATIONAL Manitex International is a leading provider of mobile truck cranes, industrial lifting solutions, aerial work platforms, construction equipment and rental solutions that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Manitex International Announces Closing of its Acquisition by Tadano Ltd.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797406","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Manitex International Announces Closing of its Acquisition by Tadano Ltd. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manitex International Announces Closing of its Acquisition by Tadano Ltd. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Manitex International Announces Closing of its Acquisition by Tadano Ltd. BRIDGEVIEW, Ill.&#8211;(BUSINESS WIRE)&#8211; Manitex International, Inc. (NASDAQ: MNTX) (\u201cManitex\u201d or the \u201cCompany\u201d), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the closing of its acquisition by Tadano Ltd. (\u201cTadano\u201d). Under the terms of the previously announced agreement, Manitex shareholders are receiving $5.80 in cash for each share of common stock they own. Following the acquisition, Manitex is a wholly owned subsidiary of Tadano, and Manitex\u2019s shares are no longer publicly traded. ABOUT MANITEX INTERNATIONAL Manitex International is a leading provider of mobile truck cranes, industrial lifting solutions, aerial work platforms, construction equipment and rental solutions that &hellip; Continue reading &quot;Manitex International Announces Closing of its Acquisition by Tadano Ltd.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-02T12:33:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250102888769r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Manitex International Announces Closing of its Acquisition by Tadano Ltd.\",\"datePublished\":\"2025-01-02T12:33:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/\"},\"wordCount\":282,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250102888769r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/manitex-international-announces-closing-of-its-acquisition-by-tadano-ltd\\\/\",\"name\":\"Manitex International Announces Closing of its Acquisition by Tadano Ltd. - 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BRIDGEVIEW, Ill.&#8211;(BUSINESS WIRE)&#8211; Manitex International, Inc. (NASDAQ: MNTX) (\u201cManitex\u201d or the \u201cCompany\u201d), a leading international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, today announced the closing of its acquisition by Tadano Ltd. (\u201cTadano\u201d). Under the terms of the previously announced agreement, Manitex shareholders are receiving $5.80 in cash for each share of common stock they own. Following the acquisition, Manitex is a wholly owned subsidiary of Tadano, and Manitex\u2019s shares are no longer publicly traded. 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