Royal Van Beest Group has acquired Sling Supply International SA (“Slingsintt”), based in Spain. Sling Supply International focuses on designing, manufacturing, testing and certifying lifting solutions in a wide range of industries.
Royal Van Beest Group has acquired Sling Supply International SA (“Slingsintt”), based in Spain. Sling Supply International focuses on designing, manufacturing, testing and certifying lifting solutions in a wide range of industries. Its main activity is focused on the global wind industry and consists of the development of tools for lifting nacelles, hubs, towers and rotor blades. Slingsintt has established a leading position in this market through its excellence in the development of customized lifting equipment, in close cooperation with leading Original Equipment Manufacturers (OEMs). This acquisition contributes significantly to Van Beest’s mission of global leadership in mooring, lashing and lifting equipment for the onshore and offshore Engineering, Procurement and Construction (EPC) industry and OEMs. Sling Supply International will be managed as a separate entity within the group and will be headed by Mikel López (R&D/Commercial Director), Igor Rodríguez (Operations Director) and Eneritz Miranda Muxika (Finance Director).
Hendrik Kok, CEO of Royal Van Beest Group, commented, “Sling Supply International is known in the industry for offering exemplary lifting services and products. With the acquisition, we add a jewel of a company to our group, with fantastic exposure to a fast-growing market like the wind industry.” Pedro Garitaonandia, co-founder and former CEO of Sling Supply International, added, “Van Beest and Slingsintt have been great partners as suppliers and customers for four decades. “I couldn’t be happier that Slingsintt will continue its growth as part of the group and foresee a bright future for the combined companies.”
During the acquisition process, Van Beest and Sling Supply International were advised by DVAN Lawyers, BAUM Legal Tax M&A, JLCasajuana Abogados Legal advisors and V4 Financial Partners.
ABOUT SLING SUPPLY INTERNATIONAL SA
Sling Supply International SA (“Slingsintt”) is engaged in the design, manufacture, testing and certification of lifting solutions in a wide range of industries, including wind farms, foundries, machine tools, automotive, railroads, ports, shipyards, fishing and construction. The main activity is focused on the development and production of lifting equipment for all types of components for wind turbines. With more than 40 years of experience, Sling Supply International has built a strong reputation for the sophistication of its engineering and joint development of tools with the world’s leading wind industry OEMs. Sling Supply International is based in Spain and has 35 employees. For more information, visit www.slingsintt.com.
ABOUT THE ROYAL VAN BEEST GROUP
The Royal Van Beest Group, founded in 1922, is the leading manufacturer of high-quality crane and under-the-hook components 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 offices in the Netherlands (headquarters), Germany, France, Spain, Brazil and the United States. Its products are available in more than 100 countries around the world. For more information, visit www.vanbeest.com.