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

  • Wacker Neuson’s record-breaking revenue
    February 6, 2012
    German-based construction equipment manufacturer Wacker Neuson is celebrating record annual revenue and earnings.
    Read More
  • Yanmar restructuring European operations in France and Germany
    March 22, 2017
    Yanmar is restructuring its construction equipment and compact equipment supply operations in Europe. The firm is integrating the management of its French and German subsidiaries into single organisation. With the sales offices based at Bezannes ing France, Yanmar Compact Equipment will handle sales, marketing and distribution of the firm’s compact equipment, as well as the Schaeff brand machines. These products will be produced in Yanmar’s factories at Saint-Dizier in France, Crailsheim in Germany and
    Read More
  • New deals between testing equipment companies are good news for customers
    May 22, 2014
    This month we report on two very different deals which see materials testing equipment companies in Italy and Australia joining forces and the result should be more competition, better machines and better prices for customers - Kristina Smith writes Italy’s CONTROLS Group has acquired Autralia’s IPC Global in a deal signed on 31 March this year.The first of two deals which see Italy and Australia joining forces came in March this year. CONTROLS Group acquired Australian material testing equipment manufactur
    Read More
  • Slow market growth the message at CEWEF 2012
    November 30, 2012
    Centralised asset management, more use of the latest machine and worksite technology, and deploying value added logistics in machine delivery will enable the construction equipment industry to build on slow world market growth, a panel of expert speakers told attendees at the Construction Equipment World Economic Forum (CEWEF) 2012 The key industry event in Brussels saw more than 130 representatives from across the international construction equipment world given a forecast of 3.5% global growth for their i
    Read More

Highlighted Content