Press releases

PALFINGER AND TIP GROUP LAUNCH STRATEGIC PARTNERSHIP FOR FINANCING SOLUTIONS IN EUROPE

Jul 17 2026
Signature of contract with Arjen Kraaij, CEO of TIP Group and Andreas Klauser, CEO of PALFINGER AG

↗ Signature of contract with Arjen Kraaij, CEO of TIP Group and Andreas Klauser, CEO of PALFINGER AG July 16th in Bergheim

As one of the leading providers of innovative crane and lifting solutions, PALFINGER is entering into a strategic partnership with TIP Group, one of Europe’s most established independent rental and service providers for commercial vehicles. The aim of this collaboration is to develop new financing solutions for crane and lifting equipment and thereby unlock additional market potential for the partner network and customers.

“Our customers today expect more than just a product. They are looking for solutions that can be seamlessly integrated into their business models,“ says Andreas Klauser, CEO of PALFINGER AG. “Partnering with a strong organization like TIP Group allows us to combine crane and lifting technology with scalable rental and financing models and thereby opens up new market segments. For PAFLGINER, this collaboration is another important milestone on our path to becoming an integrated solution provider.”

The partnership combines PALFINGER’s lifting and application expertise with TIP Group’s extensive financing, fleet, and rental infrastructure. On this basis, new business models are being created that offer flexible usage options throughout the entire lifecycle of lifting solutions.

New business models for greater flexibility

As part of the partnership, several complementary business models have been developed to address different customer needs and ensure broad market coverage:

  • White-label financing model (PALFINGER Rental powered by TIP)

TIP provides the infrastructure and fleet management, while PALFINGER gives its partners and customers access to integrated rental and financing solutions.

  • PALDRIVE rental model

With its own PALDrive models, PALFINGER is utilizing TIP Group’s financing and rental infrastructure.

  • TIP-branded rental trucks

In selected European markets PALFINGER solutions are directly integrated into TIP Group’s portfolio and supported by technical services and after-sales support.

Start of pilot phase

The partnership began in third quarter of 2026 with pilot projects in selected European markets. By accessing new customer segments and flexible business models, PALFINGER is tapping additional market potential – particularly among customers who want to use lifting technology according to actual usage.

↗ ABOUT PALFINGER

PALFINGER sets benchmarks with innovative crane and lifting solutions worldwide. As a leading technology and mechanical engineering company, PALFINGER transforms customer needs into seamlessly integrated solutions. A broad product portfolio and regional footprint drive balanced profitable growth. With its promise of Lifetime Excellence, PALFINGER delivers outstanding performance throughout the entire product lifecycle.

Around 12,000 employees, 30 international manufacturing sites, and a global distribution and service network ensure worldwide proximity to the market.

PALFINGER AG has been listed on the Vienna stock exchange since 1999 and achieved a revenue of EUR 2.34 billion in 2025.

For further information, please contact:

Elisabeth Baumann-Rott | Teamlead External Corporate Communications | PALFINGER AG

M +43 664 85 13218 | e.baumann-rott@palfinger.com