Manitex now owns 51% of ADV and Terex owns 49% of ASV. ASV's financial results will be included in Manitex International Inc.'s consolidated results beginning in the fourth quarter of 2014.
ASV manufactures and sells a line of high quality compact track and skid steer loaders. Trailing twelve months sales for ASV, Inc. were approximately $130 million with Adjusted EBITDA* of approximately $14.9 million for the same period.
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