Gough expands franchise in PNG, Australia

THE Gough Group (GG) has signalled a new expansion phase with the successful acquisition of the Palfinger dealership in Australia and Papua New Guinea.
According to online news alert voxy.co.nz yesterday, this acquisition propels GG into the top 10 dealers globally for Palfinger AG, the listed Austrian manufacturer.
Palfinger is also listed on the New York Stock Exchange.
Karl Smith, group chief executive for Goughs, said the acquisition of Palfinger was  a major step forward for the GG, which has undergone significant changes over the past two years.
“Palfinger is the global and technological leader in the manufacture of truck-mounted Knuckle boom cranes, with over 150 models and a world market share of more than 30%.
“It also manufactures tail-lifts, marine cranes, hook loaders, truck-mounted forklifts and container handling systems,” he said.
Palfinger has service agents in all states of Australia and will be a separate division of Gough Transport Solutions.