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.

Companies involved

Hydraulic Elements & Systems (HES) Plc, Tenevo, Bulgaria
HES produces cylinders and is part of the publicly listed Stara Planina Hold PLC.


PALFINGER AG acquired a division of HES in Tenevo, Bulgaria, with the aim of setting up its own cylinder manufacturing enterprise.


HSCie advised PALFINGER on the acquisition process, amongst others with regards to valuation, due diligence and negotiations.

Year: 2003
Transaction value: Not published
Industry: Engineering and plant construction
Business field: Mergers & Acquisitions

Further Transactions