News

Goltens secures milestone Middle East distribution agreement with Germany's PEINER SMAG

Dubai, UAE: Goltens Worldwide subsidiary Goltens Company Ltd, Dubai Branch, has signed an exclusive distribution deal with German specialist in lifting solutions, PEINER SMAG Lifting Technologies GmbH (PSLT) under which Goltens Dubai and its local aKiliates – Goltens Co. Ltd-Abu Dhabi, Goltens Red Sea (Saudi Arabia) and Goltens Bahrain Co. WLL – will exclusively represent PSLT’s comprehensive range of grabs and lifting accessories across the Middle East. The move expands a longstanding collaboration between Goltens and Salzgitter-headquartered PSLT in the UAE, extending its reach to the broader regional market including Kuwait, Qatar, Oman and Yemen in addition to Saudi and Bahrain.
“At PEINER SMAG, our name stands for tradition, reliability and state-of-the-art load handling technology trusted by industries around the world. We’re proud to deepen our collaboration with Goltens – a globally renowned leader in marine and industrial services with decades of proven technical expertise," said Günther Ribeiro-Vinzenz, Business Unit Director. He added: “Goltens' operational capabilities align perfectly with our commitment to delivering highperformance equipment combined with comprehensive support that drives customer success. This extended partnership marks a significant milestone in our shared commitment to delivering cutting-edge lifting solutions with global reach.”
Sandeep Seth, CEO of Goltens Worldwide, commented: “This partnership reinforces our commitment to delivering world-class solutions to our customers across the Middle East. PSLT has built a strong reputation and substantial market share in the region, and Goltens is well positioned to further increase that share. With our established network, technical expertise and in-region presence, we can provide PSLT customers with unmatched support and ensure rapid response for both sales and service requirements.” PSLT, a global leader in hydraulic, mechanical and motorized grabs, as well as specialized lifting solutions for ports, ships and industrial applications, already enjoys a substantial presence in the Middle East and is widely recognized for its high-quality engineering and robust product performance. The cooperation leverages Goltens’ extensive service infrastructure and local market knowledge with PSLT’s industry-leading portfolio, ensuring that shipowners, port operators and industrial customers benefit from best-in-class lifting technologies supported by localized after-sales service capability.
About Goltens Worldwide
Goltens is truly global and a trusted partner of choice providing comprehensive engine and turbine services, bespoke in-place machining solutions, energy control solutions, afloat services and environmental and sustainability compliance solutions from 28 locations in 15 countries across the globe, serving more than 3,700 clients each year. www.goltens.com
About PEINER SMAG Lifting Technologies (PSLT)
PSLT is a globally recognized leader in the engineering and manufacturing of high-performance grabs and slewing units for the bulk cargo industry. Headquartered in Salzgitter, Germany, PSLT operates cutting-edge production facilities in both Germany and Shanghai, China. Building on the renowned quality and durability of the PEINER product line, PSLT delivers customized lifting solutions tailored to the specific requirements of diverse industries—including ports and terminals, maritime shipping, steel production, waste-to-energy, timber processing, recycling, and scrap handling. With a robust global Sales & After-Sales network comprising over 30 locations worldwide, PSLT ensures rapid response times — wherever its customers operate. This comprehensive support infrastructure underscores PSLT’s commitment to operational excellence and long-term customer satisfaction. https://peiner-smag.com/

PEINER SMAG Lifting Technologies GmbH Expands Global Reach with Strategic Marine Partnership in Greece

Salzgitter, Germany, 3rd of Sep 2025. PEINER SMAG Lifting Technologies GmbH, a global leader in lifting equipment and solutions, is proud to announce a new strategic partnership with Sea Power LTD, a highly professional Greek company renowned for its expertise in marine technology.

This collaboration marks a significant milestone in PEINER SMAG’s international growth strategy, reinforcing its presence in Southern Europe and enhancing its ability to serve the Greek and Cypriot market with tailored, high-performance lifting solutions. This partnership will span multiple industry segments within the ample product portfolio of PEINER SMAG, ensuring that customers in Greece and Cyprus benefit from world-class equipment backed by local technical know-how, responsive support, dedicated After-Sales Service and spare parts availability.

“Sea Power LTD is a perfect addition to our global network,” said Günther Ribeiro-Vinzenz, Business Director at PEINER SMAG. “Their deep understanding of the Greek and Cypriot maritime industry and strong reputation for technical excellence make them an ideal partner as we continue to expand our footprint worldwide.”

"Sea Power is honored to enter into this strategic partnership with PEINER SMAG Lifting Technologies GmbH, a company internationally recognized for its innovation and reliability. This collaboration reflects our commitment to providing the maritime and land sector of Greece and Cyprus with state-of-the-art lifting solutions, complemented by our local expertise and our principals' long-standing industry experience. By joining forces with PEINER SMAG, we can deliver not only cutting-edge lifting technologies but also the dedicated service and personal support our customers expect from Sea Power" stated Yannis Koutsas, CEO of Sea Power Ltd.