PALFINGER acquires majority of Ned-Deck Marine B.V. (NDM), NL

We advised PALFINGER

HSCie Customer

PALFINGER AG, Salzburg, Austria
Since many years PALFINGER has been one of the world’s leading manufacturers of hydraulic lifting, loading, and handling systems and generated total sales of approximately EUR 505 million in 2009.The concern possesses production- and assembly bases in Europe, North- and South of America as well as in Asia. Innovations, ongoing Internationalisation and Diversification of products and services build the pillars of the company strategy.


Ned-Deck Marine B.V. (NDM), Barneveld, NL
NDM is one of the leading manufacturers of rescue boat davits, a special application of marine cranes. The company is headquartered in the Netherlands and has another production facility in Vietnam. It is among the world market leaders in the standard segment of davit systems (A-frame davits and liferaft davits) and posts steep growth in special applications for the Navy and Coast Guard.


HSCie advised PALFINGER AG in the entire take over process, including due diligence examinations and conducting the negotiations with the vendors.

Year: 2010
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions

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