The Royal Van Beest Group has acquired Sling Supply International S.A. (‘Slingsintt’), based in Spain. Sling Supply International is dedicated to the design, manufacturing, testing and certification of lifting solutions in a wide range of industries.
The Royal Van Beest Group has acquired Sling Supply International S.A. (‘Slingsintt’), based in Spain. Sling Supply International is dedicated to the design, manufacturing, testing and certification of lifting solutions in a wide range of industries. Its main business is focused on the global wind industry and consists of the development of tools for the lifting of nacelles, hubs, towers and blades. Slingsintt has gained a leadership position in this market through its excellence in the engineering of custom-made lifting equipment, in close cooperation with leading Original Equipment Manufacturers (OEM’s). This acquisition significantly contributes to Van Beest’s mission of worldwide leadership in mooring, lashing and lifting equipment for the onshore and offshore Engineering, Procurement and Construction (EPC) industry and OEM’s. Sling Supply International will be managed as a separate entity within the group and will be led by Mikel López (R&D/Commercial Director), Igor Rodríguez (Operations Director) and Eneritz Miranda Muxika (Finance Director).
Hendrik Kok, CEO of the Royal Van Beest Group, comments: “Sling Supply International is well-known in the industry for offering exemplary lifting services and products. With the acquisition, we add a jewel of a company to our group and one with fantastic exposure to a high-growth market like the wind industry”. Pedro Garitaonandia, co-founder and CEO of Sling Supply International, adds: “Van Beest and Slingsintt have been great partners for four decades as supplier and customer. I could not be happier that Slingsintt will continue its growth as part of the group and foresee a bright future ahead for the combined companies.”
During the acquisition process Van Beest and Sling Supply International were advised by DVAN Advocaten, BAUM Legal Tax M&A, JLCasajuana Abogados Legal advisors and V4 Financial Partners.
ABOUT SLING SUPPLY INTERNATIONAL S.A.
Sling Supply International S.A. (‘Slingsintt’) is dedicated to the design, manufacturing, testing and certification of lifting solutions in a wide range of industries including windfarms, foundries, machine tooling, automotive, railways, ports, shipyards, fishing and construction. Its main business is focused on the development and manufacturing of lifting equipment for all types of components for wind turbines. With over 40 years of experience, Sling Supply International has built a strong reputation for the sophistication of its engineering and its co-development of tools with the world’s leading wind industry OEM’s. Sling Supply International is based in Spain and has 35 employees. For more information, please see https://www.slingsintt.com/.
ABOUT THE ROYAL VAN BEEST GROUP
Founded in 1922, the Royal Van Beest Group is the leading manufacturer of premium quality crane- and below-the-hook components that are used in lifting, lashing and mooring applications. The company offers customers unparalleled service by having the Green Pin®, Irizar Forge and Heuer Hebetechnik brands under one roof. The Royal Van Beest Group has 200 employees and branches in The Netherlands (head office), Germany, France, Spain, Brazil and the USA. Its products are available in more than 90 countries worldwide. For more information, please visit www.vanbeest.com.
Please find the press release here.