The Manitowoc Company Inc. announced that JLG Industries Inc. has made a binding offer to purchase Manitowoc’s subsidiary, Delta Manlift.

Headquartered in Tonneins, France, Delta manufactures the Toucan brand of vertical mast lifts, a line of aerial work platforms distributed throughout Europe for use principally in industrial and maintenance operations. The transaction is subject to completion of definitive agreements, receipt of customary approvals and submission to Delta’s works council.

Manitowoc will continue to provide dedicated parts and service support for its recently discontinued aerial work platform product lines, primarily Liftlux, US Manlift and the US parts business, through its Manitowoc CraneCARE operations. In addition to the Delta transaction, JLG will acquire certain intellectual property and related assets of these discontinued product lines, which will enable JLG to re-launch selected Liftlux models at a later date.

Today's top stories

Iconic Hotel Being Demolished to Make Way for Baseball Stadium

MD 4 Project to Add Diamond Interchange

Volvo Construction Equipment Showcases New Products at North American Volvo Days

VIDEO: Anniversary of Highway Workers' Memorial Renews Calls for Work Zone Safety

Yanmar Compact Equipment Introduces New Line of Branded Attachments for Compact Track Loaders

Caterpillar Introduces Dynamic Energy Transfer Solution for Battery, Diesel-Electric Mining Equipment

Five Finalists Compete for Grand Prize Makeover in Bobcat Park and Rec Makeover Contest

VIDEO: Students From Washington, Ohio Earn Top Honors in Annual ARTBA Transportation Video Contest