16.03.2004

Compact Truck move into liquidation mode.

CT Compact Truck AG, the ZUG based producers of mobile cranes and pioneers of the compact “city crane”, were put into the final stages of administration a few weeks ago with the formal filing for liquidation of the business.

The company has not been actively trading for some time now, although it is not know exactly when the last crane rolled off of the production line near Ulm in Germany, but it was certainly not recently.

Further information is still being sought, but the long slow and rather quiet death of this innovative company has in recent months almost gone unnoticed. Even now the exact status of the Swiss part of the business, located in Zug, is still not certain.

We will follow up as we receive more information.