Manitou acquires IP of ATN Platforms

Manitou Group has purchased of the intellectual property of French firm ATN Platforms. Manitou has acquired all of this intellectual property of ATN Platforms, a specialist in the design and assembly of aerial work platforms, in particular vertical platforms, in the framework of a judicial recovery procedure before the Commercial Court of Agen. As a result of this purchase, the group is extending its existing product range in order to accelerate its development in a particularly fast-moving market. The experience acquired by ATN Platforms in this niche underpins the Manitou decision, as Michel Denis, president and CEO, explains: “This is an opportunity for growth for Manitou Group. Our two platform production sites in Candé (Maine-et-Loire) will assemble the vertical platform models that are the result of the expertise of ATN Platforms, in order to offer our customers an even wider choice of aerial work platform solutions.” As part of the acquisition, Manitou is benefiting from the expertise of some dozen ATN Platforms employees, who will continue to be based in Tonneins (Lot-et-Garonne), the historic site of ATN Platforms. ATN, created in 2000, specialises in the design and manufacture of aerial work platforms to meet the specific needs of rental companies. ATN is well known in Europe as a forerunner in the field of vertical mast aerial work platforms. The company offers a range of vertical aerial work platforms of various heights, on wheels or on tracks. ATN Platforms had been experiencing financial difficulties and had reportedly been facing receivership since May. Also read: Manitou launches 12 articulated wheel loadersHafeez of Manitou: Our Indian products are now equipped with BSIV engines