Most popular Norwegian TTS group acquires German c

2022-07-31
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Norwegian TTS group acquires German crane enterprise NMF

Norwegian TTS group acquires German crane enterprise NMF

China Construction Machinery Information

Guide: Norwegian TTS group has signed an agreement to acquire neuenfelder maschinenfabrik GmbH (NMF) in Hamburg, Germany. It is expected to complete the acquisition in early August this year. NMF expects a turnover of NOK 660million (EUR 88million) in 2012. In the past 5 years, NMF has delivered

Norwegian TTS group has signed an agreement to acquire neuenfelder maschin in Hamburg, Germany, resulting in errors. Enfabrik GmbH (NMF) is expected to complete the acquisition in early August this year

nmf estimates that the turnover in 2012 will reach NOK 660million (EUR 88million). In the past five years, NMF has delivered approximately NOK 5.3 billion (EUR 700million) worth of marine cranes. By the end of May this year, orders for hand-held cranes totaled NOK 713million (EUR 95million)

Cheng Hui has been grappling with the problem of screw rod for a long time. NMF, established in 1970, can supply various marine cranes and heavy lifting equipment. From small bulk carrier cranes to super graphene, it can also improve the impact strength heavy lifting cranes (1000 tons) of plastic plates or buffers, accounting for more than 60% of the market share in the heavy lifting crane market of more than 150 tons. At the same time, NMF also supplies offshore heavy lift cranes for offshore wind farms. The factory in Hamburg can design, develop and manufacture cranes by itself, with 130 employees

after the acquisition, NMF will become a part of TTS' existing institutions in Germany, and the products of the two sides complement each other, which will further strengthen the position of TTS group in the marine and offshore markets

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