Heavy Equipment Guide Logo

This ad will close in 15 seconds

Vermeer purchases minority equity investment in MultiOne

Distribution of Vermeer-branded compact articulated loaders expands to Vermeer dealers worldwide

Vermeer ATX 530

Vermeer Corporation has purchased a minority equity investment in MultiOne, a leading manufacturer of compact articulated loaders.
 
This investment comes a year after Vermeer entered a distribution agreement with MultiOne to supply Vermeer-branded loaders to be sold, serviced and supported exclusively through Vermeer dealers across North America and the Caribbean.

Building on the early success of last year's agreement, distribution of Vermeer-branded loaders produced by MultiOne will now expand to Vermeer dealers worldwide beginning this year. MultiOne will also continue to provide blue, MultiOne-branded loaders through its existing distribution partners outside North America.
 
"We are excited to take our partnership with MultiOne to this next level," said Doug Hundt, president of Vermeer Industrial Solutions. "The demand for compact loaders is growing worldwide, and this puts Vermeer in a great position with a lineup of proven products, attachments and dealers to help our customers reduce their labor needs and get more important work done."
 
MultiOne will continue under the leadership of Fiorenza Carraro and Stefano Zanini, with global holdings company, Lifco, taking on majority ownership. Its main operations and manufacturing will remain headquartered in Vicenza, Italy.

Company info

1210 Vermeer Road East
Pella, IA
US, 50219

Website:
vermeer.com

Read more

3031 E Cherry St.
Springfield, MO
US, 65802

Website:
multione.us

Phone number:
417-351-3585

Read more

Related Articles

Sponsored Brought to you by: Bobcat Company Logo

THE BOBCAT E88: STRENGTH IS ON YOUR SIDE

As one of the latest models in the R2-Series excavator lineup, the Bobcat® E88 delivers durability, performance and quality for more productivity. Technically speaking, it's a compact machine, but it brings big performance with its redesigned engine and optimized lift performance, plus undercarriage and counterweight improvements. All these enhancements make this excavator one of the highest-performing models in its size class. With impressive over-the-side lift capacity, you can dig with greater confidence over the side of the machine. Put it to the test against similar models from other manufacturers. You'll see that the E88 can outwork the competition.

Learn more