Maurizio Maschio and Enrico Polo, owners of the Milleuno-Imoco group known for its diversified business interests, are the new shareholders. The deal is expected to provide an increase in capital to finance a 5-year industrial strategy.
The company issues statement saying no deal or discussions are in progress. The statement also says the company has achieved a 10% sales growth over 2014.
Applauding the dealer network support and highlighting its broad product line, Kioti’s VP of Sales Ops Tim Phillips addresses key components behind the company’s success.
Our mission is to be the operating machines specialists, offering a wide range of products and having a worldwide presence.The Group’s strategy is based on proximity to the customer, thanks to a solid distribution network, and on the search for innovative avant-garde solutions that allow profitable and lasting activities with utmost respect for safety and the environment.
HitchDoc is a family-owned, ISO certified manufacturer of consumer and industrial products located in Southwest Minnesota. HitchDoc was organized in 1990 to build trailer hitches for motorcycles and has continued to innovate year after year. Now with 150 employees, 2 facilities and processing multiple truckloads of material per day, HitchDoc is your exceptional partner for contract manufacturing with noteworthy capabilities listed below.