Topcon buys German in-cab console specialist manufacturer

The Topcon Positioning Group has acquired German console manufacturer Wachendorff Elektronik and its US subsidiary Wachendorff Electronics in a private transaction. Wachendorff Elektronik and Wachendorff Electronics are leading manufacturers of in-cabin mounted consoles for the industrial vehicle market in the agricultural and construction industries. Ray O’Connor, Topcon Positioning Group president and CEO said, “This acquisition is a key ingredient of our global strategy to strengthen our ability to serve
November 21, 2014 Read time: 2 mins
The 342 Topcon Positioning Group has acquired German console manufacturer Wachendorff Elektronik and its US subsidiary Wachendorff Electronics in a private transaction. Wachendorff Elektronik and Wachendorff Electronics are leading manufacturers of in-cabin mounted consoles for the industrial vehicle market in the agricultural and construction industries. Ray O’Connor, Topcon Positioning Group president and CEO said, “This acquisition is a key ingredient of our global strategy to strengthen our ability to serve original equipment manufacturers (OEM) and establish the foundation for Topcon manufacturing in Europe. This world-class facility in Germany is second-to-none in its operational quality, employee dedication, and astute leadership—all of the characteristics needed to exceed the high-precision standards required for our industry.”
Of the acquisition, Peter Wachendorff, president and CEO of Wachendorff Elektronik GmbH and Wachendorff Electronics said, “We are happy to have the opportunity to join the Topcon family — this will help us expand the offering of products to our customers.”

Albert Zahalka, president of Topcon Precision Agriculture and leader of the acquisition team said, “This transaction is an example of our commitment to expand our portfolio of high-quality products and become the world’s leading provider of in-cab consoles for the agricultural and construction OEM markets.”

For more information on companies in this article

Related Content

  • Progression in concrete plant and mixing solutions
    July 14, 2014
    Big orders for and progress in plant and concrete mixing technology has been continuing at a rapid pace over recent months, as Guy Woodford reports Shantui recently completed an eye-catching US$3.2 million deal with a customer in the United Arab Emirates for 50 concrete mixer trucks. The deal is said to be an important breakthrough for the Chinese company’s concrete machinery in the Middle East market, raising brand awareness and laying a solid foundation for building market share. Over the past y
    Read More
  • Yanmar acquires 6.26% of Manitou capital and voting rights
    October 30, 2013
    Yanmar has acquired 6.26% of the capital and voting rights of Manitou. The move, through shares acquired from the French bank Société Générale, comes as the two construction equipment manufacturing groups are enhancing their strategic alliance by expanding cross distribution into Mexico and Latin America. Takehito Yamaoka, president of Yanmar, said, “Manitou is well-respected as the market leader in telescopic handlers, so it is exciting for Yanmar to have a closer relationship with them through this capi
    Read More
  • David Beatenbough talks about LiuGong’s achievements and its ambitions.
    January 6, 2017
    The year 2012 has been a milestone for Chinese construction equipment manufacturer LiuGong. In January it announced completion of the purchase of Polish company HSW (Huta Stalowa Wola) and its distribution subsidiary Dressta, LiuGong’s first outright acquisition outside its domestic market. HSW produces bulldozers and other crawler machines, while LiuGong is ranked as the largest wheel loader manufacturer in the world, and is also said to be among the world’s fastest growing CE companies.
    Read More
  • David Beatenbough talks about LiuGong’s achievements and its ambitions.
    April 2, 2012
    The year 2012 has been a milestone for Chinese construction equipment manufacturer LiuGong. In January it announced completion of the purchase of Polish company HSW (Huta Stalowa Wola) and its distribution subsidiary Dressta, LiuGong’s first outright acquisition outside its domestic market. HSW produces bulldozers and other crawler machines, while LiuGong is ranked as the largest wheel loader manufacturer in the world, and is also said to be among the world’s fastest growing CE companies.
    Read More

Highlighted Content