Italian container handling equipment supplier CVS Ferrari has been sold to investment company Nord Est Investment Partners III (NEIP III) and Group Battioni Pagani’s sideloaders specialist BP Handling Technologies.
The two Italian parties wholly acquired the company from the US Manitex International Inc.
NEIP III, which is run by Finint & Partners, will have a 60% stake in the new ownership, while the remaining 40% will be split among BP-CVS managers.
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