Komatsu has purchased Lehnhoff Hartstahl, the German-based supplier of attachments for excavators.
Lehnhoff said the deal was of “great vantage” for both companies. CEO Peter A. Lehnhoff commented, “To evaluate an early and best possible succession plan for the company and its workforce was very important to my family and me. We are very fortunate about this important decision with Komatsu, with whom we have been cooperating excellently for 30 years.
“We are convinced that Lehnhoff Hartstahl will continue to grow from the location Baden-Baden and will sustainably access the international markets.
“With this strategic decision we see Lehnhoff Hartstahl best positioned for the future.”
Lehnhoff said the brand would remain an “unaffected symbol for innovative products” in the field of construction equipment and that the change of ownership will not have any impact on the approximate 180 employees of Lehnhoff Hartstahl.