Pilosio In Pm

Pilosio is part of the PM group, which includes aerial platform manufacturer Oil and Steel and loader crane producer PM. The group is owned by Italian private equity company BS Private Equity, which hopes to float the company on the Italian stock market (a plan to do so last Autumn was postponed.)

The scaffolding arm reported a turnover of €33.5 million in 2006 and is hoping for an almost 20% increase in sales to €40 million this year. Exports to around 17 countries accounted for 40% of sales last year.