Liftking to Mi-Jack

News-in-print

Manitex International, Inc. has sold the Liftking line of rough terrain and military forklifts to Lanco, a division of Illinois-based Mi-Jack Manufacturing for US$14M. After transaction costs, the deal yielded US$13.3M in net cash proceeds, which Manitex will use to pay down its North American bank debt.

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Liftking to Mi-Jack ‣ WorldCargo News

Liftking to Mi-Jack

News-in-print

Manitex International, Inc. has sold the Liftking line of rough terrain and military forklifts to Lanco, a division of Illinois-based Mi-Jack Manufacturing for US$14M. After transaction costs, the deal yielded US$13.3M in net cash proceeds, which Manitex will use to pay down its North American bank debt.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.