German rotary cutter manufacturer Rokla GmbH, which operates under the Rockwheel brand, has announced its acquisition of Austrian crusher and screening bucket specialist Hartl Engineering & Marketing GmbH. The deal, which became effective on 27 June 2019, includes the use of the Hartl brand, inventory, and intellectual property. No redundancies are expected as a result of this announcement, and the sale price is not being disclosed. For clarity, the Hartl family’s Modular Solutions Division is not included in the deal.
Hartl Engineering & Marketing GmbH was established in 2011, building on a long history of the Hartl family name in the crushing sector. Under Rokla ownership, Hartl is expected to remain an agile and entrepreneurial brand. Rokla will make available its competencies and resources to allow Hartl Crusher to expand its marketing coverage and customer base.
Hartl Crusher was founded by brothers Dominik and Alexander Hartl, and quickly established itself worldwide as a leading manufacturer of crusher and screening buckets. Supplying customers in nearly 70 countries, the product range is based on many years of experience and innovations, including the Quattro movement. In 2013, its crusher buckets were awarded the Red Dot Design Award.
Expanding product range
Based in Langenburg, Germany, Rokla has been manufacturing and marketing rotary cutters under the Rockwheel brand since 2013. Already regarded as a leader in its field, Rokla has also been ranked among the fastest growing construction companies in Germany.
“The market for Hartl’s product offering has developed well in recent years and this acquisition promises to further strengthen Rokla’s position as a leading supplier of excavator attachments,” said Robert Piasecki, Managing Partner of Rokla. “Rockwheel and Hartl products are particularly complimentary, making the rationale behind the deal compelling. In short, we concentrate the efforts.”
“The focus is on innovation, high-quality standards, and the uncompromising use of first class components in Hartl products corresponds to our own philosophy,” said Klaus Volkert, Rokla Co-owner. “We are particularly pleased to be able to build on this solid foundation.”
Alexander Hartl described the rationale behind the decision to exit the attachment segment as freeing up resources to concentrate on the family’s expanding Xelectrix energy storage brand.
“With Rokla we have found the ideal buyer,” said Dominik Hartl. “It is a dynamic and owner-driven company that is a market leader in its respective segment. We are confident that Rokla will help deliver Hartl further success, benefitting customers, distributors, and suppliers alike.”
Read the article online at: https://www.worldcement.com/europe-cis/16072019/rockwheel-owner-to-buy-hartl-crusher/
You might also like
The GCCA has launched the third programme in its Innovandi brand, the Innovandi Entrepreneur Network.