Wednesday , January 20 2021

Palfinger takes over all its trading partners in Northern Europe | Mechanical engineering | Industry sectors

The Salzburg-listed disease producer Palfinger takes over its entire Swedish trading partner. The Austrians have already signed the purchase contract for Hinz Försäljnings AB. The company with 71 employees recently achieved sales of 44 million euros. The parties have agreed not to disclose the purchase price, Palfinger said.

Hinz Försäljnings AB sells most of Palfinger’s products in Northern Europe, including marine cranes and services. Magnus Hinz and Magnus Rosberg will remain with the Swedish company in their previous positions of sales and managing directors, explained Palfinger. (apa / red)

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