The Manitowoc Company Statement Re: Enodis

MANITOWOC, Wis., May 8 /PRNewswire-FirstCall/ — The Manitowoc Company, Inc. (NYSE:MTW) (“Manitowoc”) notes the announcement made this morning by FNI Limited, a wholly owned subsidiary of Illinois Tool Works Inc., on the recommended cash acquisition of Enodis plc (“Enodis”).


Manitowoc is considering its position and will make a further announcement in due course.


About The Manitowoc Company


The Manitowoc Company, Inc. is one of the world’s largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. As a leading manufacturer of ice-cube machines, ice/beverage dispensers, and commercial refrigeration equipment, the company offers the broadest line of cold-focused equipment in the foodservice industry. In addition, the company is a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U.S. maritime industry.


First Call Analyst:
FCMN Contact:


Source: The Manitowoc Company, Inc.


CONTACT: Carl J. Laurino, Senior Vice President & Chief Financial
Officer of The Manitowoc Company, +1-920-652-1720