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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.

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