PRESS RELEASE

Acquisition of Sitia's robotics activity




From left to right: Clément Aubry Tardif, Director of Sitia’s Robotics
division – Julien Waechter, VP R&D Manitou Group




Ancenis, May 12th, 2025 — Manitou Group hereby announces the acquisition of Sitia's robotics
division. This transaction is fully aligned with the Group's strategic roadmap, underscoring its
commitment to establishing robotics as a salient pillar of innovation.

In accordance with the newly unveiled LIFT strategic roadmap presented in late April, Manitou
Group is positioning robotics as a foundational element of its innovation strategy by securing
acknowledged proficiencies in this domain. A team of seven individuals, including doctoral
candidates and engineers, each possessing considerable expertise in the development of
robotics, notably having created an autonomous agricultural tractor robot TREKTOR, will
integrate into Manitou Group's R&D teams. This acquisition also encompasses the intellectual
property of Sitia's robotics division.

Sitia's robotic acumen will enable the Group to expedite the development of high value-added
products and services, addressing the evolving needs of its clientele within the agricultural and
semi-industrial sectors.
With this acquisition, the Group is placing robotics at the nucleus of its forthcoming
developments and will establish a new "Manitou Group Robotics" division commencing this
year. Julien Waechter, Vice President of R&D at Manitou Group, elucidates: "Sitia has been a
partner with whom we have collaborated for nearly a decade, and which has embarked on its
transformation towards cutting-edge robotic activity. Through this acquisition, we shall enrich our
capabilities with a team of recognized experts, benefit from proven technological building blocks,
coupled with Manitou Group's established know-how. Our aspiration is to thus fortify our
leadership position to continue innovating and to advance further in the development of solutions,
thereby meeting the evolving expectations of our customers."

Clément Aubry Tardif, Director of the Robotics division, appends: "We are delighted to dedicate
our expertise to the service of a leader in material handling. The team is particularly enthusiastic
about the prospect of contributing to Manitou Group's new strategic roadmap."



About Sitia: SITIA is a distinguished engineering expert recognized for its test benches catering to industrial laboratories and technical
centers. Possessing comprehensive mastery over its designs and executions, SITIA engineers intricate and dependable test benches.
Over the past several years, SITIA has established a dedicated robotic innovation department focused on tangible innovation. Through
its Factory and Off-Road divisions, SITIA is cultivating its ambition to be a comprehensive integrator of specialized machinery and
cutting-edge robotics for Industry 4.0.


About Manitou Group: As a world reference in the handling, aerial work platform and earth moving sectors, Manitou Group’s mission
is to improve working conditions, safety and performance around the world, while protecting people and their environment. Through
its flagship brands – Manitou and Gehl – the group designs, produces, distributes and services equipment for construction, agriculture
and industry. By placing innovation at the heart of its development, Manitou Group constantly seeks to bring value to all its
stakeholders. Through the expertise of its network of 800 dealers, the group works more closely with its customers every day. Staying
true to its roots, with its headquarters located in France, Manitou Group turned over €2.7 billion in 2024. It unites 6,000 talents
worldwide with passion as their common driver.



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Manitou Group press contact: Franck Lethorey I f.lethorey@manitou-group.com I +33 7 86 70 85 62