Kinshofer has acquired Hammer SRL, an Italian manufacturer of a wide range of attachments.
Hammer specializes in the design, construction and marketing of hydraulic breakers from 60 to 15,500 kg for excavators, backhoe loaders, skid steers and mini excavators. As well, the company manufactures demolition shears, crushers and spare parts for hydraulic breakers.
“For us, it will provide new opportunities for mining, quarries and aggregates, since we were not there before,” said Dany Martin, Canadian sales manager for Kinshofer. “Now we can say we are a one stop shop.”
For hydraulic breakers, Hammer manufactures 25 models. Following the acquisition, Kinshofer now offers breakers in the half tonne to 200 tonne range.
“It’s going to grow our sales and market share in the next year. We’ve already sold some units,” Martin said the day after the acquisition. “We already talked with a few of the dealers and they are really happy, since they don’t have to carry another brand, it’s a good advantage.”
Under the Kinshofer brand, the company plans to continue to manufacture the entire line of Hammer breakers.
“Some customers look at the price, some look at the impact force, now we can provide both. They have all the features customers are looking for. Just in the small range from 3 to 6 tonnes, we have four models,” Martin said. “We’ll keep everything, at least for the first year.”
Alongside adding an additional product segment, Hammer also improves Kinshofer’s distribution channels in Italy and other parts of the world.
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Hammer, which set up shop in 1980, manufactures more than 7,000 units per year at its six manufacturing facilities in Italy. As well, the company employs more than 100 people, has a presence in 71 countries and 10 warehouses worldwide. In 2018, Hammer generated about EUR$20 million in revenue.
“They have a really good capacity for production, so we can have a brand-new hammer in a week,” Martin said.
Founded in Germany in 1971, the Kinshofer Group includes the Kinshofer, Demarec, RF Systems, Auger Torque, Doherty and Solesbee brands.