Manitowoc acquires Aspen Equipment’s assets

Aspen’s specialized crane and truck equipment upfitting capabilities provide greater depth of product offerings to a wider base of customers including Manitowoc customers, the company said

The Manitowoc Company has entered into a definitive agreement to acquire substantially all the assets of Aspen Equipment for approximately $51 million. Aspen is a diversified crane dealer and a final-stage, purpose-built work truck upfitter. 

The acquisition will expand Manitowoc’s direct-to-customer footprint in Iowa, Nebraska and Minnesota with new sales,…

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