merlo-logoItalian telehandler producer, Merlo, now has full ownership of Merlo UK with the retirement of Managing Director, John Iles.

John Iles was the founder and part owner of Merlo UK, and upon his retirement this month, Merlo agreed to buy up his shares in the company.  John will remain on the board as Deputy Chairman for the company.

Merlo UK's new General Manager, Maurizio Ganio-Mego said that he was delighted to be able to retain John's experience and knowledge of the local market and that "The Merlo Group plans considerable expansion of its UK business and this move opens the possibility for more investment."