Acquisition of Prolec by Kinshofer GmbH

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryManufacturing
BDO.LiveSite.Deals.ClientNameKinshofer GmbH
BDO has provided completion mechanism advice and tax due diligence to Kinshofer GmbH in respect of its acquisition of Prolec.

Kinshofer GmbH (a subsidiary of Lifco AB) is a leading manufacturer of attachments for truck cranes and excavators.
 
The business has acquired Prolec, Europe's largest manufacturer of plant safety systems including real time monitoring, control and auto stop to enhance safety in construction and heavy equipment operations.

The BDO project team included: 
Matt Copley and Andrew Riley (Financial due diligence) 
Terry Jones and Nick Millward (Tax)