Palfinger acquire MBB E-mail
Monday, 29 October 2007

Lifting hire company Palfinger is to buy German company MBB Liftsystems for an undisclosed fee. MBB is one of the top-three players in the global market for tail lifts.

In the 2007 financial year, MBB will generate revenues of around EUR 65 million, employing a staff of 260.

This acquisition matches Palfinger's strategy to grow through internationalisation and diversification.
 
The headquarters of MBB in Germany will become the centre of excellence for the continental European tail lifts of Palfinger Ratcliff products, which are tailor-made for the British market. The existing successful MBB management team will remain part of the company.

 

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