PALFINGER MARINE acquires Norwegian Deck Machinery AS and expands the product portfolio with high quality deck winches
With the recent acquisition of Norwegian Deck Machinery AS (NDM) PALFINGER MARINE expands the product portfolio with winches. NDM’s unique and strong position within design and development of deck winches and handling equipment for the oil and gas as well as the Marine market will be an important success factor for the future strategy.
Next step on the way of becoming the leading package supplier for deck equipment
NDM, based in Norway, has an impressive product portfolio within winches and handling equipment for both offshore vessels and oil rigs. NDM is well known for high quality equipment and tailor made solutions and has gained a knowledgeable reputation among naval architects, ship owners and shipyards through their 25 years of operation. By integrating NDM’s product range into the existing portfolio, PALFINGER MARINE takes a big step forward in becoming the leading package supplier for deck equipment. The product range now includes offshore and marine cranes, launch and recovery systems, boats and deck winches. New market segments are now easier accessible and PALFINGER MARINE can offer highly attractive package deals to customers with very heterogeneous requirements.
Synergies in sales, service and know-how
Outside of Europe, PALFINGER MARINE has sales offices in Singapore, Brazil and the United States as well as a global service network and multiple manufacturing locations. Synergies in sales, service, production and know-how will be utilised to manufacture and market the extended PALFINGER MARINE product portfolio. NDM will be integrated into PALFINGER MARINE as Business Unit Winches. Next to the existing Business Units Marine Cranes, Offshore Cranes, Launch and Recovery Systems, Boats and Wind Cranes, BU Winches will be the sixth Business Unit.
Combining resources, technologies and global footprint, PALFINGER MARINE will open up new and existing opportunities for NDM. It will enable further expansion into new markets and product developments in addition to providing better and more extensive service to customers.
Adapted from a press release by David Bizley