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

  • Bell Equipment gains Finlay distribution rights in South Africa
    April 18, 2013
    South African OEM Bell Equipment has been granted distribution rights by Terex Finlay for its range of mobile crushing, screening and recycling equipment in South Africa. Completion of the agreement was carried out at bauma and the move expands the strategic alliances with global OEMs and grows the company's product range.
    Read More
  • Trimble and Cat extend technology deal
    October 3, 2024
    Trimble and Caterpillar are extending their technology agreement.
    Read More
  • Export focus for XCMG, with Latin America as key territory
    November 13, 2014
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More
  • Export focus for XCMG, with Latin America as key territory
    January 6, 2017
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More

Highlighted Content