Manitowoc Co. designs and manufactures cranes and lifting equipment for construction, infrastructure and energy customers.
Founded in 1902 in Manitowoc, US, the company makes tower, mobile and all-terrain cranes, including the Potain MCT 185 topless tower crane and the GMK6450-1 all-terrain crane. It sells mainly to contractors and construction firms in North America, Latin America and Europe, with financing, parts and maintenance support. Warburg Pincus exited its stake after a Buyout round that raised USD 160.00 mn. In 2023 the company generated revenue of USD 2,227.80 mn and EBITDA of USD 153.50 mn.
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