Lehnhoff Joins The Komatsu Group

Worsley Plant are pleased to announce that LEHNHOFF, the supplier of their newest range of Fully Automatic quickcoupler Systems – the Variolock, have successfully completed a deal with KOMATSU to become their new owner.
By: Worsley Plant
 
MIDDLEWICH, U.K. - Nov. 26, 2015 - PRLog -- This transaction is a great move forward for the future of both companies. Whilst LEHNHOFF will be able to directly benefit from KOMATSU’s global presence and its financial and technological strength, KOMATSU can expand its product portfolio with LEHNHOFF’s innovative and ground breaking technology and product range.

“To evaluate an early and best possible succession plan for the company and its workforce was very important to my family and me. We are very fortunate for this important decision with KOMATSU, with whom we have been cooperating excellently for 30 years. We are convinced that Lehnhoff Hartstahl will continue to grow from its location in Baden-Baden and will sustainably access the international markets,” remarked Peter A. Lehnhoff, current owner and CEO of Lehnhoff Hartstahl GmbH & Co. KG. “This strategic decision will ensure Lehnhoff Hartstahl are best positioned for the future.”

The LEHNHOFF brand will remain a symbol of innovation in the field of construction and demolition equipment, providing trend-setting products for all manufacturers. Both companies will benefit from this merger by combining their expertise, technology and extensive distribution networks.

Sean Heron, MD of Worsley Plant, the UK distributor of the Lehnhoff product range added,

“We are delighted with the integration of Lehnhoff with Komatsu. We see this as a positive step for the future of Lehnhoff’s products, allowing us to further penetrate the UK market with this market leading technology. The Variolock range is ideal for our range of high-quality attachments such as crushing and screening buckets, grabs, shears and pulverisers, and can work with other similar products on the market. We look forward to a great future continuing our work with the Lehnhoff team.”

The owner family LEHNHOFF, has sold all shares of the LEHNHOFF group to KOMATSU’s European subsidiary. A corresponding agreement was signed on November 6, 2015 resulting in KOMATSU being the new owner of Lehnhoff Hartstahl GmbH & Co. KG, subject to the approvals of the relevant merger control authorities.

Contact
juliet perrett
***@worsleyplant.co.uk
End
Source:Worsley Plant
Email:***@worsleyplant.co.uk Email Verified
Tags:Varilock, Hydraulic Plant
Industry:Agriculture
Location:Middlewich - Cheshire - England
Subject:Mergers
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