S&C Advises Tadano in All-Cash Acquisition of Manitex International Valued at $223 Million

Tadano, a Japan-based global manufacturer of cranes and aerial work platforms, agreed to purchase Manitex International, a leading international provider of truck cranes, specialized industrial equipment and construction equipment rentals solutions, in an all-cash transaction with an equity value of $123 million and total transaction value of $223 million.

Under the terms of the transaction, Manitex shareholders will receive $5.80 per share in cash.

The S&C team advising Tadano on corporate matters includes Frank Aquila, Mimi Wu and Dylan Ottney. Kristen Klein and Julia Paranyuk are advising on executive compensation matters. Ha Jin (Tessa) Lee and Gregg Rader are advising on tax matters. Mark Schenkel and Elianne Neuman Schiff are advising on intellectual property matters. Eric Kadel and Manon Scales are advising on CFIUS matters. Adam Paris, Juan Rodriguez, Brad Smith, Suzanne Marton and Caroline Black are advising on antitrust and HSR matters.