Merlo appoints new Chairman
- The Merlo Group Board of Directors has confirmed Paolo Merlo as Chairman of the Group.
The Merlo Group Board of Directors has reappointed Paolo Merlo as Chairman, giving a sign of continuity to the path started at the beginning of the year.
The Group, a model of evolved industrial entrepreneurship and a unique example of Italian savoir-faire, confirmed its business plan that starts from a clear vision and unique financial solidity.
Merlo aims to strengthen its technological leadership in the engineering industry market, particularly in the telehandler segment, and to continue its growth on a national and international level; a commitment that will continue under the banner of continuity of a reality founded back in 1911 and that has never stopped its growth since then.
The Piedmontese company was the first in Europe to manufacture the modern telescopic handler, initially in the construction and industrial sector and later also in the agricultural sector.
Today the presence of the Merlo Group, which includes 9 specialized in-house companies, is guaranteed worldwide by a direct organization of seven subsidiaries – France, Germany, England, Spain, Poland, Australia and the USA – and a distribution network of more than 80 importers and 600 dealers.
More than 90 percent of production is carried out at the San Defendente site.
The goal for the next three years, confirmed by the renewed presidency, is to reach 10 thousand telehandlers per year, in addition to about 25 thousand pieces of equipment, to materialize which major investments are planned for the opening of both new production lines and new infrastructures, aiming at an increasingly efficient, technological and above all sustainable management and production system.
The new Chairman, Paolo Merlo commented:
“Today the solidity of the Merlo Group allows us to look far ahead and be able to plan for the long term. There are still many applications and areas where we can develop, we aim to strengthen the historical markets, starting with Italy and the countries where we are present with subsidiaries and importers. At the same time, we also intend to expand in markets that are relatively new to us, where there is still a lot of room for growth. In the U.S. we have just established our new subsidiary Merlo America, and we are strengthening our presence in Asia.”
Related news:
