In phase two of its expansion into the USA market place and as part of a contractual agreement dating back over three years, Elaut, the Belgium based crane manufacturer announced today that it has successfully completed the purchase of the remaining interest of Bruce Kawut in Monduce, Inc., the company that Bruce co-founded with Mondial International in 1975.

“We wish Bruce and his family continued good health and happiness in the future” said Monduce President and longtime friend Neal Rosenberg. We would also like to thank Bruce for all his innovative ideas and for setting in place such a solid foundation on which Monduce currently operates.
 
Neal commented that with Bruce being such a well known industry figure with so much boundless energy and showing no signs of slowing down right now, that it was pretty easy to get him to agree to continue working with Monduce by accepting the position of General Manager.

In connection with this announcement the company is in the process of changing its name from Monduce to Elaut USA and in doing so will combine its sales, service, operating and administration entities under one roof in Edison, New Jersey.

In talking with Neal we got the feeling that there’s a lot more coming from Elaut but he only stated to stay tuned, because as he put it, phase three is just around the corner!