Palfinger expands in Germany
By Niamh Marriott23 November 2021
Palfinger has acquired TSK Kran und Wechselsysteme and TSR Lacktechnik. The take over will be finalised at the beginning of 2022.
Palfinger expects that this latest aqcuisition will strengthen the German market.
For TSK, the takeover ensures its continued existence in full, with all its employees.
Following complete integration into the Palfinger Group, the Duisburg site will be expanded to become the central sales and service location in the region. Matthias Köppen will manage the Duisburg subsidiary.
“Participating in our long-standing partner is an important step towards providing our customers in the Rhein-Ruhr region with even more intensive and comprehensive support and emphasises the importance of the German market,” said Palfinger CEO Andreas Klauser.