German rotary cutter manufacturer Rokla, which operates under the Rockwheel brand, has announced its acquisition of Austrian crusher and screening bucket specialist Hartl Engineering & Marketing.
The deal included the Hartl brand, inventory and intellectual property, but not its Modular Solutions Division.
Robert Piasecki, managing partner of Rokla, said: “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.”
He added: “Rockwheel and Hartl products are particularly complimentary, making the rationale behind the deal even more compelling for customers. In short, we concentrate the efforts.”
Rokla said that Hartl would remain an agile and entrepreneurial brand and that it would add considerable resources to allow Hartl Crusher to expand its market coverage and customer base.
The company was founded in 2011 by brothers Dominik and Alexander Hartl, and now supplies customers in nearly 70 countries.
Co-owner Alexander Hartl said that exiting the attachment segment would free up resources and allow the Hartl family to concentrate on its expanding Xelectrix energy storage brand.
Dominik Hartl said: “With Rokla we have found the ideal buyer. 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, benefiting customers, distributors and suppliers alike.”