Palfinger AG has acquired MBB Liftsysteme AG to strategically enhance its product offerings and expand its market presence in the hydraulic lifting and loading systems sector.
Target Information
Palfinger AG, founded in 1932 and headquartered in Salzburg, Austria, is recognized as a global leader in the manufacturing of hydraulic lifting, loading, and handling systems. The multinational corporation operates production and assembly facilities across Europe, North and South America, and Asia, showcasing its extensive international footprint in the industry.
With its innovative solutions, Palfinger has become a trusted name in various sectors that demand efficient and reliable lifting equipment. The company's commitment to quality and sustainability is reflected in its diverse product range, which enhances operational efficiency for customers worldwide.
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Industry Overview in Austria
The Austrian manufacturing sector has seen steady growth, driven by innovation and advancements in technology. It is characterized by a strong emphasis on high
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Palfinger AG
invested in
MBB Liftsysteme AG
in 2007
in a Other Private Equity deal