Investment Summary

Palfinger Invests In Hidro-Grubert

On June 26, 2014, Palfinger invested in machinery company Hidro-Grubert

Investment Highlights
  • This is Palfinger’s 4th transaction in the Machinery sector.
  • This is Palfinger’s 1st transaction in Argentina.

Investment Summary

Date 2014-06-26
Target Hidro-Grubert
Sector Machinery
Investor(s) Palfinger
Deal Type Stake Purchase

Target

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.

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Investor(S) 1

Investor

Palfinger

Bergheim, Austria

Category Company
Founded 1932
Sector Machinery
Employees11,653
Revenue 2.4B EUR (2023)
DESCRIPTION

Palfinger is a manufacturer of innovative lifting solutions for use on commercial vehicles and in the maritime field. 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 8 of 9
Sector (Machinery) 4 of 5
Type (Stake Purchase) 2 of 2
Country (Argentina) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 PM-Group Lifting Machine

Russia

PM-Group Lifting Machine is an important supplier of cranes for timber and recycling in Russia. PM-Group Lifting Machine is composed of the two Russian crane manufacturers Velmash and Solombalsky, both of which produce and distribute a broad range of timber and recycling cranes. The group also operates in the market segments of loader cranes, stationary cranes, container handling systems and customized solutions.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-19 TTS Group ASA

Bergen, Norway

TTS Group ASA, designs, develops and supplies equipment solutions and services for the marine and offshore industries. TTS offers solutions that increase profitability and competitiveness by improving productivity, quality and system capacities.

Buy Nkr600M