About PALFINGER

FROM A FITTER’S WORKSHOP TO A GLOBAL

History Palfinger

FROM A FITTER’S WORKSHOP TO A GLOBAL, LOCAL PLAYER

Worldwide, PALFINGER stands for the most innovative, reliable and cost-effective lifting solutions for use on commercial vehicles and in the maritime field. With our technological expertise and experienced staff, we set quality benchmarks in the industries in which we operate. Sustainability and the responsible use of resources are at the core of all our actions. High flexibility and competence in production and a global sales and services network give us a crucial competitive edge and ensure our customers LIFETIME EXCELLENCE.

As a multinational company group with its headquarters in Salzburg, Austria, PALFINGER has manufacturing and assembly sites in Europe, in North and South America and Asia as well as over 4,500 sales and service centres located in over 130 countries across five continents.

The core product is the Loader Crane. The company is the world market leader in this segment with close to 150 models and a market share of more than 30 percent. In Timber and Recycling Cranes on- and off-road as well as Container Handling Systems PALFINGER is also the world’s biggest manufacturer. Over the years the product portfolio has been steadily expanded with products such as the Truck Mounted Forklifts, Tail Lifts, and the Access Platforms. With our Railway Systems and Bridge Inspection Units we are European technology and market leader in this high-tech sector. Farm Cranes as well as Truck Bodies and Pick-up Tail Lifts complete the product range. PALFINGER MARINE is one of the leading manufacturers of innovative and customised Marine, Offshore and Wind Cranes as well as Launch & Recovery Systems.

Around 59 percent of the PALFINGER Group is owned by the PALFINGER family, 10 percent by Sany and around 31 percent is in diversified holdings.

Corporate Video - PALFINGER Around the World




History

Established in 1932 and for many years now an international leader in innovative hydraulic lifting systems – that is the PALFINGER success story. The company’s history is defined by three key stages: the pioneering phase, the era of the crane, and the period of expansion. Today, PALFINGER is a worldwide group that is always close to the customer, no matter the location.

1932
Richard Palfinger establishes a metalworking and repairs workshop for agricultural trailers, tippers and vehicle bodies.

1964
Hubert Palfinger, the eldest son, lays the foundations for a new era by specialising in hydraulic truck-mounted loading cranes.

1988
EPSILON Forestry & Recycling Cranes extends the portfolio.

1990
With the STEPA farm cranes, PALFINGER further extends its product portfolio.

1992
Special solutions by PALFINGER RAILWAY are used by railway companies for the first time.

1997
Introduction of PEC PALFINGER Equipment Center.

1999
PALFINGER goes public with its stock market launch in June. Another milestone in the history of our company. PALFINGER takes over the French company Guima S.A., the world’s second largest manufacturer of hookloaders.

2001
Introduction of POWER LINK PLUS, a top reverse linkage system developed by PALFINGER. It allows even the most difficult types of crane work on very limited space.

2004
PALFINGER takes over BISON, the German market leader for truck-mounted access platforms. The existing ACCESS products are integrated into the product portfolio of the new brand name BISON PALFINGER.

2005
Acquisition of RATCLIFF. PALFINGER takes over the British market leader in the field of tail gates and access systems.

2007
Acquisition of MBB Liftsystems AG, one of the global leaders in the manufacture of tail gates.

2008
PALFINGER takes over the ELEVANT sector of WUMAG GmbH, one of the leading German manufacturers of truck-mounted access platforms.

2009
Introduction of DPS-Plus, Single Link Plus and the Power Link cable winch for even more efficient truck-mounted crane operations.

2010
PALFINGER acquired an 80-percent interest in access platform manufacturer ETI – a top player in the North American market. This was a major step for PALFINGER, as the Group had not been present in North America with access platforms before.

PALFINGER expanded its marine portfolio with the acquisition of the marine and windmill crane business of Palfinger systems GmbH – the market leader in cranes for offshore wind energy plants. This acquisition made PALFINGER one of the leading suppliers of marinecranes.

2011
The new stability safety system HPSC (= High Performance Stability Control) offers a maximum level of convenience and safety for truck-mounted crane operation. It is the most intelligent system on the market.

2012
Another great milestone. The joint venture with SANY, the leading Chinese construction machine manufacturer, PALFINGER consolidates its position on the world market for the next decade.

PALFINGER strengthened its market presence in South America by reaching an agreement on the takeover of Tercek, a company developing electric-powered bus lifts – a growth segment in this promising market – under the brand name Líbero.

With the acquisition of the Norwegian Bergen Group Dreggen AS, PALFINGER took a major step forward in the growth of its marine business. The Dreggen cranes added tailor-made crane solutions for the shipbuilding, oil and gas industries to PALFINGER’s product portfolio, thus opening up new opportunities and markets.

2013
The PALFINGER Group has been awarded the most significant contracts for its marine business in the total equivalent amount of approx. EUR 90 million. The signing of the contracts has just been announced by Palfinger Dreggen, a PALFINGER subsidiary specializing in offshore cranes.

2014
As a pioneer in the field of sustainability, PALFINGER publishes its first integrated annual report, which reports only the economic development and environmental and social aspects of the PALFINGER Group.

2015
To complete its product portfolio in the marine business, PALFINGER took over Norwegian Deck Machinery AS, a manufacturer of special winches for the marine and offshore industry. This participation gives PALFINGER access to customer groups that have so far not been addressed.