Atlas sells transverse cutter business to KINSHOFER
Published by Stephanie Roker,
Global Mining Review,
KINSHOFER, one of the world’s leading manufacturers of high quality excavator and loader crane attachments, has acquired the Schaeff Transverse Cutter business from Atlas GmbH, a Germany-based crane and excavator manufacturer.
The transverse, or drum, cutters are the first in KINSHOFER’s line of crane and excavator attachments, allowing the company to serve contractors in a wider range of industries, including tunneling and mining. The addition also gives contractors in construction, demolition and landscaping access to a broader range of attachments, all from one manufacturer.
“Customers come to us for our breadth of high quality, innovative attachments that are known for increasing productivity,” said Thomas Friedrich, KINSHOFER Group President and CEO. “It’s the hallmark of our business, and the new drum cutters represent that by giving contractors higher profitability, greater efficiency and more flexibility than competitive models.”
KINSHOFER is rolling out the new product line globally as the WS-Series Drum Cutters. The cutters will be KINSHOFER branded and sold and supported by the company’s dealer network. KINSHOFER will also service units sold by Atlas and provide technical support as well as parts, which are available through KINSHOFER dealers.
“KINSHOFER is just as committed to quality and performance as us, and they are poised to take the product to new heights,” said Brahim Sitiou, President and CEO of Atlas GmbH. “This change is not only good for both companies, but customers as well. They want one manufacturer they can go to for their attachment needs, and this transition gives them that.”
Read the article online at: https://www.globalminingreview.com/finance-business/23052018/atlas-sells-transverse-cutter-business-to-kinshofer/
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