Main
Inauguration of Manitou Equipment India
The Manitou group, worldwide leader in all-terrain handling equipment, inaugurates today its new entity Manitou Equipment India Private Limited, following the recent acquisition of TEREX Equipment Private Limited. In doing so, the group underlines its commitment to develop backhoe loaders & skid steer loaders markets in India and in other emerging countries.
Over a week, Manitou Ancenis-based teams (France) are meeting their new Manitou Equipment India (MEI) counterparts in Greater Noida. The objective is to present Manitou Group’s ambitions to the 340 MEI employees and to exchange about cultural diversity, to facilitate collaboration between the different teams. To ease the transition, the Manitou group has set up a dedicated integration team, which will be in direct link with MEI for the next 8 months. To conclude this first week, 200 people are invited to the inauguration day, including numerous dealers, customers, suppliers and local partners.
A press conference has allowed the group’s managing executive to present the group and the acquisition and integration project for MEI. “With the experienced and motivated Manitou Equipment India teams, we have gained a recognised know-how. We also have an effective and competitive industrial platform on which we can build to truly benefit from a very promising Indian construction sector, and new opportunities which we will develop. We have a lot of cards in hand to develop the company in India and emerging countries. Our ambition is to develop existing MEI backhoe and skid steers and an additional range of localized products for Asia”, adds Michel Denis, President and CEO Manitou Group.
-
News3 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News3 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances