Manitex international acquires rabern rentals, names industry veteran michael coffey as ceo, and upgrades credit facilities in support of growth and margin expansion strategy

Bridgeview, il / accesswire / april 11, 2022 / manitex international, inc. (nasdaq:mntx), a leading international provider of cranes and specialized industrial equipment, today announced that it has completed the acquisition of 70% of rabern rentals, of amarillo, texas for $25.9 million. the acquisition is being financed through a new u.s.-based $85 million credit facility which enhances the company's ability to deploy its resources, globally.
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