Manitou Group acquires a majority stake in Mawsley Machinery Ltd in the UK
The Manitou Group, world leader in all-terrain material handling, announces the takeover of a majority stake in its UK dealer Mawsley Machinery Ltd, based near Northampton, consecutive to the retirement of their main shareholders. A privately-owned company founded in 1981, Mawsley Machinery Ltd supplies construction equipment and services to its customers. Mawsley Machinery is the historical Manitou Group dealer in the Midlands. Two current managers of Mawsley are co-investing in the company to carry on this venture. Ian Wright and Jane Sheldon, the outgoing Managing Directors of Mawsley Machinery Ltd commented “we are proud that Mawsley Machinery is moving forward with a strong, stable base provided by Manitou Group. The expertise and professionalism of the existing team will ensur...