Palfinger Takes Over Russian Inman

IndustrialsIndustrial Goods ♦ Published: July 11, 2011; 14:12 ♦ (Vindobona)

The Austrian crane manufacturer acquires its leading Russian competitor. Inman will generate revenue of € 20m this year.

Palfinger Takes Over Russian Inman / Picture: © Palfinger

The Palfinger Group is further expanding its business in Russia and last week signed the contract for the complete takeover of Russian crane producer Inman (Ischimbajskie Neftianiye Manipuliatory, JSC). The company with its headquarters in Ishimbay in the Republic of Bashkortostan (Volga region) has since 1992 been a producer and distributor of hydraulic lifting and loading systems, in…