The Wirtgen Group has bought a majority stake in Benninghoven

The Wirtgen Group has acquired a 70% stake in the asphalt plant manufacturer Benninghoven, located in Mülheim, Germany. Benninghoven is a successful manufacturer of asphalt plants with a strong reputation for its technology and product quality, as well as its customer support.
August 12, 2014 Read time: 2 mins
The Benninghoven asphalt plant firm is now majority owned by the Wirtgen Group

The 364 Wirtgen Group has acquired a 70% stake in the asphalt plant manufacturer 167 Benninghoven, located in Mülheim, Germany. Benninghoven is a successful manufacturer of asphalt plants with a strong reputation for its technology and product quality, as well as its customer support. This is a significant purchase for the Wirtgen Group, adding to its already extensive portfolio of asphalt machinery for the road construction industry. This further broadens Wirtgen’s portfolio, which already includes its own Wirtgen brand as well as 1194 Vögele, 228 Hamm and 261 Kleemann. The two companies are close geographically and the Wirtgen Group and Benninghoven have had some distribution partnerships in the past, with regard to parts of Eastern Europe.

The addition of Benninghoven means that the Wirtgen Group is now able to offer one-stop solutions to its customers including all processes starting with the crushing of rocks, through the mixing of asphalt to laying, compacting and rehabilitating pavement structures. The world-wide network of Wirtgen Group with 55 own subsidiaries and more than 150 dealers will step-by-step open additional markets to Benninghoven. The Wirtgen Group says that the focus will be placed on a fast and competent support of customers in service as well as in application support. With this move, the Benninghoven family has taken the opportunity to secure the development of the company in a stable and larger group. Managing director, Bernd Benninghoven, will continue to head the company along with his management team.

Materials

For more information on companies in this article

Related Content

  • Advanced technologies will increase the wear life of bitumen further
    February 28, 2012
    Bitumen has been used for thousands of years, but now a wide variety of products are available that can be added to it to produce blends with improved properties. According to the Refined Bitumen Association (RBA) bitumen is the oldest known engineering material. Indeed, the organisation says that its versatility as a construction material is unparalleled, and having been used as an adhesive, sealant and waterproofing agent for over 8,000 years, its uses include the construction and maintenance of roads, ai
    Read More
  • Purchase Enables Ammann to Build on Strong ABG Brand
    June 10, 2024
    Ammann Group has finalised its acquisition of the ABG paving product line from Volvo Construction Equipment.
    Read More
  • Rokbak, the new name for Terex Trucks
    September 2, 2021
    Volvo CE’s off-highway articulated hauler business Terex Trucks has rebranded as Rokbak.
    Read More
  • Success of ECED dealers'conference
    May 9, 2012
    ECED's first Dealers' Conference in April during Intermat resulted in "a tremendous success and solid future outlook for the association". The president of the European Confederation of Equipment Distributors (ECED), Dr. José Gameiro, said the gravity of the current crisis is "the worst in the past 50 years, with a devastating effect on equipment distribution for public works and civil construction."
    Read More

Highlighted Content