Acquisition of Sitia’s robotics activity

In accordance with the newly unveiled LIFT strategic roadmap presented in late April, Manitou Group is positioning robotics as a foundational element of its innovation strategy by securing acknowledged proficiencies in this domain. Sitia's robotic acumen will enable the group to expedite the development of high value-added products and services, addressing the evolving needs of its clientele within the agricultural and semi-industrial sectors.

Sitia has been a partner with whom we have collaborated for nearly a decade, and which has embarked on its transformation towards cutting-edge robotic activity. Through this acquisition, we shall enrich our capabilities with a team of recognized experts and benefit from proven technological building blocks. Our aspiration is to thus fortify our leadership position to continue innovating and to advance further in the development of solutions, to meet the evolving expectations of our customers.

Julien Waechter, Vice President - Manitou Group R&D

We are delighted to dedicate our expertise to the service of a leader in material handling. The team is particularly enthusiastic about the prospect of contributing to Manitou Group's new strategic roadmap.

Clément Aubry Tardif, Director - Sitia robotics division