on MANITOU (EPA:MTU)
Marcel Braud: A Visionary Leader in Material Handling Industry Passes Away
February 4, 2026, Ancenis — Manitou Group has announced the passing of its founder, Marcel Braud, at the age of 93. Known for his profound passion for innovation, Braud transformed Manitou into a global leader in the material handling, aerial work platforms, and earthmoving sectors.
Beginning his journey at his family's business post-World War II, Braud revolutionized the industry with the invention of the "Manitou" forklift in 1958. This innovation paved the way for Manitou's international expansion and ongoing influence in industrial markets.
Under Braud's leadership, the group expanded globally and went public. Until 2026, he maintained direct engagement with Manitou’s network of factories and trade shows. Statements from Jacqueline Himsworth and Michel Denis highlight his visionary impact on the company and industry.
R. E.
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