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THE DEAL Following its November 2000 financing of
the purchase of Powell Duffryn Plc, NPIL
announced plans to dispose of the Group's
engineering interests.
In July 2001 NPIL announced the £92
million disposal of the Geesink Norba
Group to US-based Oshkosh Truck
Corporation (NASDAQ:OTRKB).
THE NPIL DIFFERENCE NPIL brought the management teams and
advisers together and worked with them to
develop, plan and execute the disposal.
We played a central role in selecting
the disposal strategies, overseeing
the management of the process,
and supporting final negotiations
to completion.
THE BUSINESS
Geesink is a leading European
manufacturer of refuse collection vehicles,
mobile and stationary compactors and
transfer stations. The company is
headquartered in Emmeloord in the
Netherlands. It has manufacturing facilities
in the Netherlands and Sweden and
facilities in the UK, Germany, France, Italy,
Spain, Belgium, Denmark and Poland.
Visit the Geesink Website
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