CVS Ferrari is sold

News-in-print

Confirming an earlier ‘scoop’ for worldcargonews.com, Italian heavy lift truck specialist CVS Ferrari Srl has been sold by US-based Manitex, Inc. to a leveraged MBO. NEIP III SpA, an investment fund belonging to Milanbased Finint & Partners, and industrial partner BP Handling Technologies Srl (BPHT), which is part of sideloader/4-way FLT specialist Gruppo Battioni Pagani (BP), has underwritten a 100% purchase of the shares.

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