In July 2005, it acquired a young Chinese company located in Hangzhou, specialised in the manufacture and distribution of engine-powered masted industrial forklift trucks of lifting capacity 1.5 to
3 tonnes. Through its new subsidiary, the Group will thus be able to supplement its MANITOU INDUSTRY range and distribute its forklift trucks in all the countries in which the Group is not tied by
distribution agreements with other partners.In 2005, MANITOU obtained 26% of its turnover in the Industrial sector.
In 2005, the MANITOU Group accentuated its policy of complementarity of its product ranges