Manitou will launch a line of compact excavators made by Yanmar under the Gehl and Mustang brands for North America under a new strategic alliance. The agreement ends Manitou's distribution relationship with Wacker Neuson for compact excavators and wheel loaders. It will continue to provide service and parts support.
Yanmar will launch a range of skid loaders and compact track loaders designed and manufactured in the United States by Manitou’s Compact Equipment Division under the Yanmar brand for distribution in North America.
Wacker Neuson had been the exclusive manufacturer of Gehl and Mustang branded compact excavators and all-wheel steer loaders since 1999, Wacker Neuson said. The company will continue to develop the Wacker Neuson brand in North America, said president/CEO Christopher Barnard.
After the completion of the initial launch by both Yanmar and Manitou, they will look at broader distribution opportunities aimed at growing sales activities for both companies while strengthening each company’s independent dealer network. Further opportunities for manufacturing alliances will also be explored to shorten time to market and better utilize existing worldwide manufacturing facilities and expertise.
“There is a strong synergy between our organizations, from our core culture and values to the complimentary fit of our product lines. We believe the market will readily embrace the quality and value that our products have to offer,” said Ted Bregar, president, Yanmar America.
Daniel Miller, Manitou Americas president/CEO said, “Manitou is extremely excited about this enhanced alliance and the opportunities it presents for our dealers and customers. Yanmar has been a key supplier and this new relationship only strengthens this long term partnership.”