Investment Summary

Palfinger Invests In PM-Group Lifting Machine

On December 19, 2013, Palfinger invested in machinery company PM-Group Lifting Machine

Investment Highlights
  • This is Palfinger’s 3rd transaction in the Machinery sector.
  • This is Palfinger’s 2nd transaction in Russia.

Investment Summary
Date 2013-12-19
Target PM-Group Lifting Machine
Sector Machinery
Investor(s) Palfinger
Deal Type Stake Purchase

Target

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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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 7 of 9
Sector (Machinery) 3 of 5
Type (Stake Purchase) 1 of 2
Country (Russia) 2 of 2
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-28 Hubert Palfinger Technologies

Salzburg, Austria

Hubert Palfinger Technologies GmbH is a manufacturers of hydraulic lifting, loading and handling systems. Palfinger systems GmbH develops and produces innovative technologies in engineering and processing as well as tailor-made customer and project solutions. The advantage of these solutions is that they make work processes faster, more efficient, safer and more environmentally friendly than conventional methods.

Buy -
FOLLOWING DEAL
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.

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Mergr

Product

Company

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