Vermeer Corporation announces minority ownership investment of MultiOne

Vermeer Corporation has purchased a minority equity investment in MultiOne, a leading manufacturer of compact articulated loaders.

This investment comes a year after Vermeer entered a distribution agreement with MultiOne to supply Vermeer-branded loaders to be sold, serviced and supported exclusively through Vermeer dealers across North America and the Caribbean.

Building on the early success of last year’s agreement, distribution of Vermeer-branded loaders produced by MultiOne will now expand to Vermeer dealers worldwide beginning this year. MultiOne will also continue to provide blue, MultiOne-branded loaders through its existing distribution partners outside North America.

“We are excited to take our partnership with MultiOne to this next level,” said Doug Hundt, president of Vermeer Industrial Solutions. “The demand for compact loaders is growing worldwide, and this puts Vermeer in a great position with a lineup of proven products, attachments and dealers to help our customers reduce their labor needs and get more important work done.”

MultiOne will continue under the leadership of Fiorenza Carraro and Stefano Zanini, with global holdings company, Lifco, taking on majority ownership. Its main operations and manufacturing will remain headquartered in Vicenza, Italy.

Learn more about the partnership with MultiOne.

About Vermeer Corporation

Vermeer delivers a real impact in a progressing world through the manufacture of high-quality tree care, agricultural, underground construction, surface mining and environmental equipment. With a reputation for durability and reliability, that equipment is backed by localized customer service and support provided by independent dealers around the world. To learn more about Vermeer, products, the dealer network and financing options, visit vermeer.com.

MultiOne SRL Corporation reserves the right to make changes in engineering, design and specifications; add improvements; or discontinue manufacturing at any time without notice or obligation. Equipment shown is for illustrative purposes only and may display optional accessories or components specific to their global region.

Please contact your local Vermeer dealer for more information on machine specifications.

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