NEWS - 9.1.2020 VERMEER CORPORATION ANNOUNCES AGREEMENT WITH MULTIONE FOR COMPACT ARTICULATED LOADERS

PELLA, Iowa, January 9, 2020 – Vermeer Corporation announced today it has entered into a distribution agreement with MultiOne, a leading manufacturer of compact articulated loaders. Through the agreement, MultiOne will supply Vermeer-branded loader models to be sold, serviced and supported exclusively through Vermeer dealers across North America and the Caribbean.

“Across our landscape, tree care and recycling, rental and general construction markets, we are seeing a growing demand for highly maneuverable material handling equipment capable of productive speeds and low turf disturbance, while helping solve labor challenges on the jobsite,” said Doug Hundt, president of Vermeer Industrial Solutions. “By combining MultiOne’s proven loader line with the reach, service and support of the Vermeer dealer network, we can quickly expand our already robust line-up of compact equipment to meet this demand.”

While the two companies envision building on their partnership, this agreement will feature all MultiOne compact articulated loader models ranging from 933 lbs (423 kg) – 1590 lbs (721 kg) operating capacity. These models feature a telescopic boom – a highly sought-after feature by many customers looking for greater reach and utility from a multi-tool-capable loader. The Vermeer models will be manufactured at MultiOne’s facility in Vicenza, Italy and made available with select attachments, a full line of parts and service at Vermeer dealerships in North America and the Caribbean in early summer 2020.

“MultiOne has a strong, 20-year track record of supplying customers around the world with compact articulated loaders that are known for high quality, versatility and efficiency,” said Stefano Zanini, MultiOne technical director. “We are excited to partner with Vermeer and its dealers to help equip their customers with the high-performing tools they need to more efficiently get work done.”

About Vermeer Corporation

Vermeer delivers a real impact in a progressing world through the manufacture of tree care, high-quality agricultural, underground construction, surface mining and environmental equipment. With a reputation for durability and reliability, that equipment is backed by localized customer service and support provided by independent dealers around the world. To learn more about Vermeer, products, the dealer network and financing options, visit Vermeer.com.

Vermeer Corporation reserves the right to make changes in engineering, design and specifications; add improvements; or discontinue manufacturing at any time without notice or obligation. Equipment shown is for illustrative purposes only and may display optional accessories or components specific to their global region.

Please contact your local Vermeer dealer for more information on machine specifications.