Langenburg,German-based rotary cutter manufacturer Rokla GmbH, which operates under the Rockwheel brand, has announced its acquisition of Reiferdorf, Austria-based crusher and screening bucket company Hartl Engineering & Marketing GmbH.
As of June 27, the acquisition is in effect and includes the use of the Hartl brand, inventory and intellectual property. The Hartl family’s Modular Solutions Division is not included in the deal.Rokla says it will allocate its resources to allow Hartl to expand its market coverage and customer base.
"The market for Hartl’s [products has] developed in recent years and this acquisition promises to further strengthen Rokla’s position as a leading supplier of excavator attachments," says Robert Piasecki, managing partner of Rokla. "Rockwheel and Hartl products are particularly complementary, making the rationale behind the deal even more compelling for customers.”
Dominik Hartl, co-founder of Hartl, says, "With Rokla we have found the ideal buyer. It is a dynamic and owner-driven company that is a market leader in its respective segment. We are confident that Rokla will help deliver Hartl further success, benefiting customers, distributors and suppliers alike.”