Business Briefs

Kinshofer acquisition of Doherty Group completed

Kinshofer, a source of high-quality excavator and loader crane attachments, has acquired Doherty Group, a New Zealand based excavator attachment manufacturer. Under the terms of the agreement, Kinshofer acquired 100 percent of the Doherty Group. The entire Doherty management team will stay with the company and Doherty Group co-owner and managing director Jeremy Doherty will remain as its managing director.

Doherty, a family business established in 2001, focuses on developing and marketing attachments and equipment that enhance the effectiveness and versatility of carriers. This is particularly important for small- and mid-sized contractors seeking high equipment utilization. The acquisition adds additional product segments to Kinshofer’s range, including quick couplers, buckets and other excavator products. It also improves Kinshofer’s distribution channels in New Zealand and Australia and enhances local manufacturing through Doherty’s Tauranga, New Zealand, and Brisbane, Australia-based facilities. As a result, customers will benefit from localized service and an expanded product range.

Doherty will continue to develop and sell its products globally. Anticipating increased opportunity and demand, Doherty and Kinshofer will expand their sales and production staff to ensure swift integration of the products throughout both organizations.

Kinshofer and Doherty employees are working on rapid integration to provide customers worldwide with their comprehensive range of products and services.

Published in the March 2018 Edition

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