Kinshofer has acquired Doherty
Related Articles
Kinshofer GmbH from Germany has acquired 100% of New Zealand based Doherty Group. For over 45 years, Kinshofer has been a leading manufacturer of attachments for truck mounted cranes, excavators, and skid steer loaders, consistently developing its product range in both, the crane and excavator markets to become a competent partner for OEM’s and OED’s. Previous acquisitions of Liftall Inc. (Canada), Demarec B.V. (Holland), RF System AB (Sweden), Auger Torque Group (U.K./ Australia/ China) and Solesbee´s LLC (U.S.A.) were other important milestones of this development.
The acquisition of Doherty adds additional product segments, such as Quick Couplers, Buckets and other excavator products to Kinshofer’s already very comprehensive offering. With this move, Kinshofer further demonstrates its commitment to being the global leader in attachments to the crane and excavator industry.
Doherty, a 2001 established family business, puts its focus on the development and marketing of tools and equipment which make carriers such as excavators more effective and versatile, particularly important for small and mid-size contracting businesses seeking high utilization of their machinery. With an extremely committed and well-educated workforce, Doherty will continue to develop and sell its products globally.