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View Full Version : Manitou buys Gehl


Tigerotor77W
09-10-2008, 02:57 PM
Many of you may have already seen this...

http://www.gehl.com/Investor%20Relations/news_releases/pdf/Manitou%20Acquisition%20News%20Release.pdf

Digdeep
09-10-2008, 04:45 PM
Many of you may have already seen this...

http://www.gehl.com/Investor%20Relations/news_releases/pdf/Manitou%20Acquisition%20News%20Release.pdf

Interesting, but not too shocking. They already had a large stake in them and Gehl was rebranding their telehandlers.

ksss
09-10-2008, 11:10 PM
I missed that one. I find that very interesting. I wonder what that means for Gehl?

bobcat_ron
09-10-2008, 11:18 PM
I missed that one. I find that very interesting. I wonder what that means for Gehl?

Screw Gehl, what about Bobcat, their VersaHandlers are Manitou's.

Hey at least they will get those neat-o 360 spin crane type handlers here now.

RockSet N' Grade
09-10-2008, 11:24 PM
I was talking with a regional manager from Gehl the other day. Sales on excavators, skids is down but on the flip side, folks are buying cranes like hot cakes at premium prices and they cannot get them out the door fast enough. My thoughts were that these cranes were going to chemical and oil industries.

Tigerotor77W
09-11-2008, 01:13 AM
Screw Gehl, what about Bobcat, their VersaHandlers are Manitou's.

Whoa, no -- Bobcat and Sambron (although also a French company; I'll give you that :)) are one in the same, NOT Bobcat and Manitou!

http://www.allbusiness.com/company-activities-management/company-structures-ownership/6386557-1.html

Interesting, but not too shocking. They already had a large stake in them and Gehl was rebranding their telehandlers.

I'll admit that I did *not* see this one coming, mainly because I don't pay much attention to telehandlers (... oops), but for me the question is how Gehl will grow. It's a predominantly ag-based product in the States, so with some French backing, it's possible that Gehl can expand overseas to Europe and start taking business away from Bobcat there.

I'm also amused by the sale price of this one versus the Doosan-Bobcat one. /chuckles/

Digdeep
09-12-2008, 01:06 PM
Whoa, no -- Bobcat and Sambron (although also a French company; I'll give you that :)) are one in the same, NOT Bobcat and Manitou!

http://www.allbusiness.com/company-activities-management/company-structures-ownership/6386557-1.html



I'll admit that I did *not* see this one coming, mainly because I don't pay much attention to telehandlers (... oops), but for me the question is how Gehl will grow. It's a predominantly ag-based product in the States, so with some French backing, it's possible that Gehl can expand overseas to Europe and start taking business away from Bobcat there.

I'm also amused by the sale price of this one versus the Doosan-Bobcat one. /chuckles/

Gehl and Mustang have been sold in Europe for years with a decent following. I don't think this will significantly improve their distribution. If I remember from my Bobcat training Gehl and Mustang already had well over a couple hundred dealers in Europe and had done fairly respectable with sales of their small skids and AG products.