Palfinger Dreggen finalized the agreement for purchase of the assets in connection with the marine and offshore cranes product areas of the Korean crane manufacturer MCT Engineering Co., Ltd. The acquisition follows Palfinger Marine’s takeover of the Norwegian offshore crane manufacturer and is designed to help expand and intensify the partnership between both companies, which stretches back many years. “With the acquisition of Dreggen in the fourth quarter of 2012, we took a significant growth step for our Business Area Marine. Together, we managed to obtain the largest order in the history of Palfinger in early 2013. It comprises, to be precise, two orders with a total value of approximately €90 million, which we are going to fill in the years to come.