Monday, December 23, 2024
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HomeNewsManitex International Inc. sells CVS Ferrari

Manitex International Inc. sells CVS Ferrari

NEIP III is an investment company managed by Finint & Partners having interests in several medium size specialised Italian industrial companies with significant growing potential.

BP, formerly Battioni & Pagani and lately trading as BP Handling Technologies, is an historic name of the Italian material handling equipment industry active in the side loader segment since 1959. BP belongs to PAGANI HOLDING that also owns a manufacturing business that is the world leader in the sector of vacuum pumps for agricultural and industrial applications.

CVS Ferrari is an established manufacturer of mobile container handling and heavy cargo handling machines, which has gained market space and identity as supplier of advanced, robust and reliable equipment for intensive use and for its agility in designing and building customized solutions for its public.

CVS Ferrari has been on an impressive growth path since the acquisition by Manitex International in 2010. A result essentially pursued through the focalization on the vertical lift mobile equipment namely reach stackers and container handling lift trucks and heavy duty forklifts. In particular in the last three years CVS Ferrari has re?designed the entire product range in continuity with its landmark product quality, superior availability and economy of run, enjoying a very positive market reception.

BP Handling Technologies in the last few years has made considerable investments in the development of a brand new hybrid technology protected by several international patents. A technology that when applied to “masted” container handling equipment generates unprecedented results in terms of operating costs reduction, performance improvements and environmental footprint lowering. Results that have been certified by major international independent inspection bodies.

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