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Manitex International, Inc. announces order for Fleet of Valla Electric Cranes with initial value of approximately $2.5 Million

Manitex International, Inc., an international provider of cranes and specialized industrial equipment, has announced that it has been awarded a contract by Collè Rental & Sales, of Sittard, Netherlands, for Valla electric cranes, valued at approximately $2.5 Million.

The new order represents the largest single Valla order in the company’s 75-year history. The initial order is for more than 30 cranes that will join Collè’s rental fleet in the second half of 2020 and includes a number of the company’s electric, zero-emissions models, the Valla V80R, V110R, V36 R, and V200R. The order additionally provides the customer with the option to purchase approximately $1.9 Million of new Valla cranes in 2021.

Steve Filipov, Chief Executive Officer of Manitex International, Inc headshot

Steve Filipov

Steve Filipov, Chief Executive Officer of Manitex International, Inc., commented, “The Valla crane platform offers an exceptional rental product with a full range of industrial cranes from 2 to 90 tons, in electric, diesel, hybrid, wheeled and tracked, with fixed or swing boom configurations. The zero-emissions feature is becoming increasingly important in the global marketplace for industrial equipment, and we are very glad to see customers taking notice of our unique Manitex Valla offerings. We believe Manitex Valla has the potential to be a high growth area for us going forward, and we look forward to a long-term relationship with Collè.”

Collè, for more than 120 years, has served a global base of customers, with a fleet of more than 15,000 machines, throughout the construction, excavation, cleaning, internal transport, gardens & parks, and events end-markets. Collè, with over ten locations throughout Europe, in The Netherlands, Belgium, and Germany, will be the General Importer for Valla cranes in the Benelux.

“We believe that market demand for industrial electric pick & carry cranes will remain strong in the years to come, and our partnership with Manitex Valla will enable us to provide a product line that is well-known throughout our customer base as a name of quality and reliability in the zero-emission crane market,” commented Frits Collè, General Manager, of Collè Rental and Sales B.V. “We are very close to our customers’ needs and to the increasing demand of electric equipment. Manitex Valla represents one of the several investments we are making to offer our customer lifting solutions which are productive, safe, and simultaneously help them reduce their carbon footprints and achieve their environmental and sustainability objectives.”