10/29/19
Manitou Group acquires a majority stake in Mawsley Machinery Ltd in the UK
Manitou Group announces the take over of a majority stake in its UK dealer Mawsley Machinery Ltd, based near Northampton, consecutive to the retirement of their main shareholders.
A privately-owned company founded in 1981, Mawsley Machinery Ltd supplies construction equipment and services to its customers. Mawsley Machinery is the historical Manitou Group dealer in the Midlands. Two current managers of Mawsley are co-investing in the company to carry on this venture.
.Having the opportunity to partner our main supplier, Manitou, is welcomed with open arms. This will give us tools to grow further as a full liner dealer.
Keith Pearce and Sam Sanderson, Mawsley Machinery’s new Managing Directors
Mawsley has grown into a large well trusted machinery and parts dealership, representing a number of manufacturers with a strong focus on Manitou product. With a 2018 revenue of 19.2m£ the Company employed 27 persons. The Company offers a variety of high quality products and value-added services to its customers.
Taking over a stake in our historical partner in the Midlands, we reinforce Manitou Group’s position in the UK to develop equipment distribution and services.
Michel Denis, Manitou Group's President & CEO