M&A Deal Summary |
|
|---|---|
| Date | 2016-06-19 |
| Target | TTS Group ASA |
| Sector | Machinery |
| Buyer(s) | Palfinger |
| Deal Type | Add-on Acquisition |
| Deal Value | 600M NOK |
| Advisor(s) | Pareto Securities AS (Financial) Wikborg Rein & Co. Advokatfirmaet Selmer DA (Legal) |
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Palfinger is a manufacturer of innovative lifting solutions for use on commercial vehicles and in the maritime field. As a multinational group headquartered in Salzburg. The Group has production and assembly facilities in Europe, in North and South America, as well as in Asia. The pillars of corporate strategy comprise innovation and the further internationalization as well as the growing flexibility of products, services and processes. Palfinger was incorporated in 1932 and is based in Bergheim, Austria.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector (Machinery) | 5 of 5 |
| Type (Add-on Acquisition) | 6 of 6 |
| Country (Norway) | 2 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-26 |
Hidro-Grubert
Río Tercero, Argentina Hidro-Grubert has been a family-run business for 76 years. The company produces access platforms, hydraulic knuckle-boom cranes and truck bodies in Río Tercero in the Argentinian province of Córdoba. It is the undisputed market leader in Argentina and has an outstanding reputation throughout Latin America. |
Buy | - |
