PM Group
PM Group (PM Oil & Steel S.p.A.), an Italian manufacturer founded in 1959, produces truck-mounted hydraulic cranes across all load classes. It serves construction, infrastructure, logistics, and industrial customers globally through proprietary Power Tronic controls, authorized dealers, and direct export sales.
- Company typePrivate
- Founded1959
- HeadquartersSan Cesario Sul Panaro, Italy
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What PM Group does
PM Group (legal entity PM Oil & Steel S.p.A.) is an Italian manufacturer of truck-mounted hydraulic cranes founded in 1959 and headquartered in San Cesario sul Panaro near Modena, Italy. It operates as a subsidiary of Manitex International, which was acquired by Tadano in January 2025, producing a comprehensive range of cranes organized by lifting capacity — small, light, medium, heavy, and super heavy — alongside specialized Power Lift and TP product lines. The portfolio is differentiated by in-house electronic control technology, including the Power Tronic Control Unit (with three CAN-bus lines), the Smart Winch System, Auto-Folding, the CMI Multifunction Display, and a Digital Dispenser, all engineered to meet the EN 12999:2020 European safety standard. PM Group holds ISO 50001 energy management certification and is associated with ISO 9001 and ISO 14001 compliance.
Revenue is generated primarily through hardware sales of cranes and accessories, complemented by after-sales services, maintenance, and spare-parts distribution conducted through an authorized dealer and service network. Pricing is B2B and quote-based, customized to load capacity, reach, and host-vehicle specifications. The go-to-market combines direct enterprise sales — managed by region-specific export sales directors covering Europe, the Americas, the Middle East, Africa, Asia-Pacific, Australia, and New Zealand — with the authorized dealer channel and recurring participation in major trade shows such as Bauma, GIS Expo, and ConExpo. With reported headcount of 251–500 employees and customers spanning construction, infrastructure, logistics, and heavy industrial verticals (e.g., Autostrade per l'Italia, Baiocco Srl, Savo Truck, ENEA Brasimone Research Center), the business is positioned as a mid-sized industrial manufacturer with broad geographic reach.
Strategic direction since 2022 has been shaped by the appointment of Giovanni Tacconi as Managing Director, the centralization of export sales for PM and Oil & Steel under Marco Castiglione, a dense product launch cadence (7 SP, 70.5 SP, 83.5 SP, 15.5 P, 100 SP restyling, 210 SP), and the 2025 change of control to Tadano with subsequent co-exhibition at GIS Expo 2025 and Bauma 2025. The principal defensible elements of the business today are its 65-year brand heritage, proprietary control technology, EN 12999:2020 compliance, installed dealer network, and integration with vehicle upfitters and aftermarket parts ecosystems.
PM Group firmographics
Firmographics- Name
- PM Group
- Legal name
- PM OIL & STEEL S.P.A.
- Website
- https://pm-group.eu
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- PM Group (PM Oil & Steel S.p.A.), an Italian manufacturer founded in 1959, produces truck-mounted hydraulic cranes across all load classes. It serves construction, infrastructure, logistics, and industrial customers globally through proprietary Power Tronic controls, authorized dealers, and direct export sales.
- Ownership category
- akta.pro rank
PM Group industry classification
Industry- Product category
- Truck-Mounted Hydraulic Cranes
- NAICS
- Construction Machinery Manufacturing (333120), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)
- SIC
- Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530), Industrial Trucks, Tractors, Trailors & Stackers (3537)
- akta.pro primary industry
- Truck-Mounted & Loader Cranes (IMAHAJAF)
- akta.pro secondary industries
- Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE), Material Handling & Industrial Lift Vehicle Manufacturing (Forklifts/Telehandlers/Reach Stackers) (IMACAFAD)
Keywords
Where PM Group is headquartered
LocationHeadquarters
- HQ city
- San Cesario Sul Panaro
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
PM Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Truck-Mounted Hydraulic Cranes: Primary revenue from manufacturing and selling hydraulic truck-mounted cranes. Product range includes small cranes, light cranes, medium cranes, heavy cranes, super heavy cranes, Power Lift, and TP models with various accessories.
- After-Sales Service and Spare Parts: Revenue from after-sales support services including maintenance, repairs, and spare parts distribution through authorized service centers and dealers.
- Accessories: Sale of crane accessories including jibs, outriggers, and operator baskets.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
PM Group product offering
Product offeringCore offering
PM Group (legal entity PM Oil & Steel S.p.A.) designs, manufactures, and sells truck-mounted hydraulic cranes across five lifting-capacity tiers (small, light, medium, heavy, super heavy) plus specialized Power Lift and TP lines, complemented by crane accessories, spare parts, and after-sales service through an authorized dealer and workshop network. Founded in 1959 as the first Italian manufacturer of truck-mounted hydraulic cranes, the company equips construction, infrastructure, and logistics operators with mobile lifting solutions integrated with advanced electronic control systems.
Product overview
PM Group (PM OIL & STEEL S.p.A.) is an Italian manufacturer of truck-mounted hydraulic cranes founded in 1959, claiming to be the first Italian producer in this category. The company operates as part of Manitex International and offers a comprehensive portfolio organized by lifting capacity: Small Cranes (gru piccole), Light Cranes (gru leggere), Medium Cranes (gru medie), Heavy Cranes (gru pesanti), and Super Heavy Cranes (gru super pesanti). The product range includes specialized lines such as Power Lift and TP series, complemented by a full range of Accessories. PM supports its products through after-sales service, spare parts supply, and a network of authorized workshops and dealers. Recent notable models include the 7 SP (smallest in Gold range), 15.5 P (compact light crane), 70.5 SP (flagship model), 83.5 SP (Platinum range), 100 SP (heavy crane), and 210 SP (medium-heavy crane).
Differentiator
Problem solved
Functional benefit
Brands
- PM: Core brand for truck-mounted hydraulic cranes, positioning Power, Passion, Performance as core values
- OIL&STEEL
- RABERN
- VALLA
- Classic Line
- Gold Range
- Platinum Range
Products and services
- Small Cranes (Gru piccole)
Quantifiable outcome
- 20% overall increase in performance compared to previous models (70.5 SP)
- +4 more outcomes
Companies that use PM Group
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
PM Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
PM Group partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major, core, regional and minor.
- TadanomajorPM and Oil & Steel exhibiting together with Tadano at GIS Expo 2025, marking a new chapter following Tadano's acquisition of Manitex International's customer base. This partnership represents strategic collaboration in the truck crane and aerial work platform markets.
- Manitex InternationalcorePM Oil & Steel is a subsidiary of Manitex International (NASDAQ: MNTX). Giovanni Tacconi serves as Vice President of Manitex International. PM operates alongside other Manitex brands including Oil & Steel, RABERN, and VALLA.
- Monzali sncregionalHistoric authorized dealer of PM Group, responsible for equipment upfitting and dealer network support. Collaborated on PM 100 SP installation for Baiocco Srl.
- GF OleodinamicaregionalAuthorized dealer that created custom rear stabilizing equipment configuration for PM for customer Savo Truck, combining PM 70.5 crane with innovative stabilizing system.
- SigmadueminorEquipment specialist collaborating with Monzali snc on PM 100 SP upfitting for Baiocco Srl customer project.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
PM Group competitors and assessment
Company assessmentDirect peers
- Fassi Group: Italian manufacturer of articulated truck-mounted cranes founded in 1965, making it a direct domestic competitor to PM with overlapping product categories and Italian manufacturing heritage; particularly close peer given shared geography and customer base.
- Palfinger: Austrian-based global leader in truck-mounted loader cranes, knuckle-boom cranes, and lifting solutions with a comparable product portfolio and overlapping customer base in construction, infrastructure, and logistics; PM's most direct global competitor.
- COPMA: Italian manufacturer of truck-mounted cranes with similar heritage and product portfolio; directly competes with PM in the Italian domestic market across light, medium, and heavy-duty categories.
- Hiab (Cargotec): Finland-based manufacturer of truck-mounted loader cranes, hooklifts, and material handling equipment under Cargotec; competes head-to-head with PM across Europe and international markets with a similarly broad capacity range.
- Epsilon (Palfinger): Austria-based manufacturer of truck-mounted loader cranes and timber/logging cranes, now part of Palfinger; competes directly with PM in mid- and heavy-duty lifting segments across European and export markets.
- HMF: Danish manufacturer of truck-mounted loader cranes serving similar construction and infrastructure customers in Europe; offers comparable product range from light to heavy cranes with focus on quality and customization.
- Amco Veba: Italian-based manufacturer of truck-mounted loader cranes and tipper cranes; directly comparable to PM in product categories, geography, and customer segments in construction and infrastructure.
- Ferrari Cranes (Hyva): Italian manufacturer of truck-mounted loader cranes now part of Hyva Group; competes with PM particularly in light and medium-duty segments in Italy and Europe with overlapping dealer and customer base.
Broad incumbents
- Tadano: Japanese global crane manufacturer and acquirer of Manitex International (PM's parent) in January 2025; broader portfolio across all-terrain, rough-terrain, and truck cranes, with PM now operating as a subsidiary brand.
Others
- Manitex International: Former publicly traded parent company of PM Group (NASDAQ: MNTX), acquired by Tadano in January 2025; structurally related as the historical holding entity and sibling brands (Oil & Steel, VALLA, RABERN).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
PM Group social profiles
Digital presencePM Group compliance and trust
Trust signalCompliance2 records
PM Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
PM Group leadership team
Management profileNumber of profiles
Profiles3 records
PM Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
PM Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PM Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PM Group
What does PM Group do?
PM Group (legal entity PM Oil & Steel S.p.A.) designs, manufactures, and sells truck-mounted hydraulic cranes across five lifting-capacity tiers (small, light, medium, heavy, super heavy) plus specialized Power Lift and TP lines, complemented by crane accessories, spare parts, and after-sales service through an authorized dealer and workshop network. Founded in 1959 as the first Italian manufacturer of truck-mounted hydraulic cranes, the company equips construction, infrastructure, and logistics operators with mobile lifting solutions integrated with advanced electronic control systems.
Is PM Group a public or private company?
PM Group is a private company. It is classified as corporate owned and is currently operating.
When was PM Group founded?
PM Group was founded in 1959. It employs 251 to 500 people.
Where is PM Group based?
PM Group is headquartered in San Cesario Sul Panaro, Italy, in the Europe region.
How does PM Group make money?
Three revenue lines are on record. Truck-Mounted Hydraulic Cranes are the primary driver. The others are after-Sales Service and Spare Parts and accessories.
Who are PM Group's main competitors?
Direct peers on record are Fassi Group, Palfinger, COPMA, Hiab (Cargotec), Epsilon (Palfinger), HMF, Amco Veba and Ferrari Cranes (Hyva). Tadano is listed as a broad incumbent. Manitex International is listed as an others.
Does PM Group have an API?
No public API is recorded for PM Group.
What industry is PM Group in?
PM Group's product category is Truck-Mounted Hydraulic Cranes. Its primary akta.pro industry code is IMAHAJAF, Truck-Mounted & Loader Cranes, with a secondary code of IMAHABAE, Cranes, Hoists & Overhead Material Handling (Industrial). Its NAICS code is 333120 and its SIC code is 3531.