We advised PALFINGER
HSCie Customer
PALFINGER AG, Salzburg, Austria
For years already, PALFINGER has been amongst the leading manufacturers of hydraulic lifting, loading and handling systems.
www.palfinger.com
Companies involved
MBB Liftsysteme AG, Ganderkesee/Hoyenkamp, Germany
MBB Liftsystems AG, a worldwide leader in hydraulic liftgate innovation for more than 50 years, is the cost effective liftgate choice for both small and large corporations. MBB also exports through their subsidiaries in the US, France, UK, Belgium and Slovakia and distributes through partners in over 40 countries.
www.mbb.de
Finatem Beteiligungsgesellschaft, Frankfurt am Main, Germany
Finatem is one of Germany’s leading Private Equity company focusing on smal to medium-sized companies.
www.finatem.de
iXEN Partners, Paris, France
iXEN is a Private Equity company focusing on medium-sized companies.
www.ixen-partnes.com
Transaction
This acquisition matches PALFINGER’s strategy to grow through internationalisation and diversification. MBB will considerably strengthen PALFINGER’s TAIL LIFT product division, which is still very small. At the moment, PALFINGER only covers a small area with PALGATE tail lift and RATCLIFF products. With MBB PALFINGER will be able to complete its product portfolio and to enter markets in which PALFINGER is not yet represented with its tail lifts such as North America.
Task
HSCie advised PALFINGER AG in the entire take over process, including due diligence examinations and conducting the negotiations with the vendors.
Year: 2007
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions
Further Transactions
