Atlas sells its Transverse Cutter business to Kinshofer

MEq
By MEq April 26, 2018 12:06

Atlas sells its Transverse Cutter business to Kinshofer

Atlas GmbH from Ganderkesee, Germany sells its Schaeff Transverse Cutter business to Kinshofer GmbH based in Waakirchen, Germany. As a strategic measure Atlas has decided to put more focus on its core business, excavators, and cranes in times of increasing momentum. Therefore the decision was made to divest its well-established and renowned transverse cutter business.

Schaeff Atlas’ transverse cutters are still known as the foundation of these kinds of products. The broad range of transverse cutters and the reliable performance of each model are very much appreciated by Atlas’ customers in mining, construction, landscaping, tunneling and in particular demolition. Therefore it was paramount for Atlas to find a competent manufacturer that is capable to deliver on the promise of high quality, performance, and further product range development.

This manufacturer was found in Kinshofer, well-known as a leading manufacturer of all these industries with innovative products its customers benefit from. The transverse cutters close a gap in Kinshofer broad range of demolition tools, i.e. the Demarec MQP and DRG range or Kinshofer’s HPXdrive grapple range. But also other product segments such as landscaping and construction will benefit from this addition. In fact, these three product segments account for the largest portion of Kinshofer’s wide product portfolio.

Kinshofer will roll out this new product line globally under its well-known brand and will sell and support it through its own subsidiaries or regional partner distributors. Kinshofer will also service units sold by Atlas with technical support as well as spare and wear parts which are now available through the Kinshofer network.

MEq
By MEq April 26, 2018 12:06