Kinshofer acquires Auger Torque Group

Kinshofer GmbH, a Waakirchen, Germany-based manufacturer of attachments for truck-mounted cranes and excavators has acquired the Auger Torque Europe Ltd., headquartered in the U.K., which includes both Auger Torque Europe Ltd. and Auger Australia Pty Ltd.

Auger Torque Ltd., established in 1998, is focused on developing and marketing tools and equipment that make carriers such as loader cranes, excavators and skid steer loaders more effective and versatile. The company’s products target small and midsized contracting businesses seeking high utilization of its machinery, according to Auger.

Auger Torque opened a new factory in China in 2014, which increased capacity for further growth. Its strategic location, combined with regional manufacturing and technical facilities, supports customers around the globe, Kinshofer says.

Kinshofer says its acquisition of Auger Torque benefits the company in two ways: it adds new product segments—earth drills, trenchers and other skid steer loader attachments—to its offerings; and it opens an additional distribution channel for Kinshofer’s equipment in the U.K., Australia, the United States and China.

Thomas Friedrich, Kinshofer’s managing director, says, “Kinshofer continues its strategy to provide the industry with a one-stop-shop solution of outstandingly engineered products to increase efficiency and, more importantly, profitability of its customers.”

Alister Rayner, founder of Auger Torque, and Alistair Brydon, Auger Torque managing director, say, “The concentration of knowledge and competence will form a powerful center for future developments customers can only benefit from. In particular, the combination of both product ranges will create more groundbreaking innovations for the industry. We are very excited to be part of this mutual future.”