We advised PALFINGER
PALFINGER AG, Salzburg, Austria
For years already, PALFINGER has been amongst the leading manufacturers of hydraulic lifting, loading and handling systems.
Omaha Standard Inc., Omaha, USA
Omaha Standard is a US family run business with a long tradition of producing and selling a wide range truck bodies and service bodies especially for the domestic market. The two main products are service bodies and pick-up tall lifts, placing Omaha Standard among the top three players on the US Market.
PALFINGER can achieve different strategic aims with this acquisition:
Extension/Consolidation of the product-portfolio via acquisition of one of the top-three-US-offerors of truck-bodies and pick-up tail-lifts.
Local added value increase by development, purchasing, fabrication and assembling.
Development of US-activities and future growth trigger in the USA.
HSCie advised PALFINGER AG in the take over process, including due diligence examinations and conducting the negotiations with the vendors.
Transaction value: Not published
Industry: Industrial products
Business field: Mergers & Acquisitions