On 19 December last year, Kinshofer GmbH from Germany and the in New Zealand based Doherty Group signed a definite agreement to merge. Under the terms of the agreement, Kinshofer has acquired 100% of the Doherty Group.
For over 45 years, Kinshofer has been a renowned manufacturer of attach- ments 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 OEMs and OEDs. Today it is a producer of huge high quality attachments for re-handling cargo or sorting and processing scrap, too. Previous acquisitions of Liftall Inc. (Canada), Demarec B.V. (Holland), RF System AB (Sweden), Auger Torque Group (UK/ Australia/China) and Solesbee’s LLC (USA) were other important milestones of this development.
The acquisition of Doherty is significant for Kinshofer in two ways: first it adds additional product segments such as quick couplers, buckets and other excavator products to Kinshofer’s already very comprehensive offering. And secondly, it improves Kinshofer’s distribution channel in New Zealand and Australia. But not only that, Kinshofer has now enhanced local manufacturing with its Tauranga (NZ) and Brisbane (AUS) based facilities, customers will be served much quicker and with a much larger product range. With this move,