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Ahlmann sold

Materials handling specialist Manitou has sold the majority of its Ahlmann compact loader subsidiary to multipurpose excavator maker Mecalac for an undisclosed sum. The Hamburg-based loader business had a turnover of £22 million last year, and is a distributor for the Mecalac business in Germany. Ahlmann will continue to build loaders for Manitou under the Maniloader brand for sale in most of Europe.