Cranes are an essential part of the construction business. In fact, not a new product has been in use since the Roman era, when the medieval churches were constructed with the use of cranes. However, with the passage of time, there have been significant changes in the number and types of this machinery. Different types…
AUSTRIAN loader crane manufacturer Palfinger has acquired a 91% share of Brazilian crane manufacturer Madal S.A. Madal has revenues of USD 15m and is the South American market leader in hydraulic truck cranes and other hydraulic lifting equipment, Palfinger said. The acquisition marks the next stage in the Austrian company’s internationalisation strategy. Madal-Palfinger will have…
