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Palfinger buys first UK factory

PLANT

LORRY loaders to forklifts firm Palfinger has bought British tail-lift firm Ratcliff for an undisclosed sum.

Ratcliff is market leader in the UK for the lifts, which are used to deliver goods and machinery from the back of artics.

The deal brings Palfinger its first UK production base in the form of a 220-worker factory in Welwyn Garden City.

The Austrian manufacturer said it would continue to steer all equipment sales in Britain through its dealers TH White, Outreach and Bennett Engineering.