INAUGURATION OF THE MANITOU INDONESIA SUBSIDIARY

In line with its LIFT roadmap, this new establishment aims to provide a better experience to its customers across Indonesia, located within the group's LAPAM region. Indonesia is currently one of the most dynamic economies in Southeast Asia and the largest economy in the region. Its annual GDP growth reached 5% in 2025, with forecasts also projecting 5% for 2026.

The new subsidiary, PT Manitou Indonesia Perkasa, focuses its activities on high-potential segments: telehandlers, aerial work platforms for the rental market (rent-to-rent), as well as rough-terrain and industrial forklifts. It is registered in Jakarta with its stockyard and workshop based in Bekasi, near Jakarta.

Our new Indonesian subsidiary reinforces our presence in Southeast Asia within a high-potential market. This new location aligns perfectly with our new LIFT roadmap, with a commitment to being as close as possible to the needs of our dealers and rental customers.

Bernd Freudenmann, VP APAC