R&S Advisory advised Manitex International Inc. in the acquisition of the entire share capital of PM Group S.p.A. and of Oil & Steel S.p.A. in the framework of bank debt restructuring agreement pursuant to art. 182 bis of the Italian Insolvency Law
R&S Advisory advised Manitex International Inc. in the acquisition of the entire share capital of PM Group S.p.A. and of Oil & Steel S.p.A. in the framework of bank debt restructuring agreement pursuant to art. 182 bis of the Italian Insolvency Law

Transaction Highlights:

 

January 2015

 

R&S Advisory advised Manitex in the preparation of a new business plan for PM Group S.p.A. and Oil & Steel S.p.A. and in negotiating with banks the terms and conditions for the acquisition of the Group by Manitex in the context of a bank debt restructuring agreement pursuant to art. 182 bis of the Italian Insolvency Law.

 

€100,000,000 debt restructured

 

Company Overview:

 

Cranes & Aerial Platform – Industrial

 

PM Group S.p.A. is a leading Italian manufacturer of truck mounted hydraulic cranes (under the brand “PM”) and high-quality platforms for overhead work (under the brand “Oil & Steel”).

Headquartered in Modena, PM Group has a strong presence abroad through direct sales offices in North America, Argentina, Chile, Mexico, England, France, Spain, Germany, Russia and Singapore.

 

http://www.pm-group.eu