In order to strengthen its presence in emerging markets, Manitou Group acquires TEPL. Located in Greater Noida (India), this is the group's eleventh production site. Now called Manitou Equipment India, it specializes in the production and distribution of backhoes and mini-loaders.
Manitou Group signs majority ownership agreement with the LiftRite Hire & Sales dealership in Perth, Australia. With the acquisition of this historic distributor, the group strengthens its presence in the mining sector, a sector in which LiftRite specializes.