Penny Hydraulics has 35 years’ experience in the design and manufacture of lifting equipment including cranes, platform lifts, goods lifts, and specialist mining services equipment.
R&L Systems, specialises in designing and producing equipment to raise and lower chandeliers, and has installed winches at prestigious locations including Windsor Castle, Kensington Palace, Westminster Abbey, the British Museum and The National Gallery.
Strategic Corporate Finance was commissioned to identify complimentary acquisition opportunities for Penny Hydraulics and identified R&L Systems Limited as a good fit.