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Published: 12 October 2017
Cooper Materials Handling in administration
The small FLTs arm of Cooper Specialised Handling has appointed Administrators for the business. Cooper Specialised Handling says the rest of the business is going from strength to strength
Cooper Materials Handling, based in Manchester, UK, was set up as a stand-alone company within Cooper Specialised Handling, the Mantsinen and Sany lift trucks franchisee, in 2013, following the purchase of Samuk Ltd from Sir Neville Bowman-Shaw. The name Cooper Materials Handling replaced Samuk Lift Trucks.
However, competition in the small FLT market has been especially fierce and this is a defensive moved aimed at consolidating the business around its successful Mantsinen and Sany brands.
In a statement issued two days ago, Warwickshire-based Cooper Specialised Handling stated that turnover had risen to £10M in the past 12 months. Last year it was awarded a £6M contract by Associated British Ports to supply five Mantsinen hydraulic cranes, in one of the biggest tender of its kind to date in the UK.
Cooper Specialised Handling's CEO David Cooper said: "More and more businesses are coming to appreciate that the speed and handling precision delivered by Mantsinen's award-winning crane technology equates to a highly cost-effective way of driving up productivity.
"This is a really exciting time to be involved with the Mantsinen brand, especially as there's growing interest in the new 300 model, which supersedes the Mantsinen 200 as the world's largest hydraulic crane and features the next generation HybriLift energy-saving technology."
In internal moves, Chris Barnes, who has been with the business for 13 years and heads up the sales function, has been promoted to Sales Director. Luke Maslin, who joined Cooper Specialised Handling in 2011, takes on the role of Operations Director with responsibility for planning engineering schedules and ensuring that all service and maintenance work is completed in accordance with customer requirements. He also manages direct parts sales.
The Cooper Handling Solutions after-sales arm of the business operates its own, directly employed engineering team and is currently recruiting three additional field service technicians as part of a 10-year strategic plan to develop a team of 25 highly skilled ‘big truck' specialists.
Brett Barton and Tony Mitchell of Cranfield Business Recovery have been appointed administrators of Cooper Materials Handling.