Hire and Rental News - May 2018

11 HIRE AND RENTAL NEWS • MAY 2018 INDUSTRY NEWS The Doherty management team will stay with the company and Doherty Group co-owner and Managing Director Jeremy Doherty will remain as Managing Director. “Kinshofer continues its strategy of providing the industry with a ‘one- stop-shop’ solution of outstandingly engineered products to increase efficiency and the profitability of its customers,” Thomas Friedrich, Kinshofer Group President and CEO said. “Acquiring Doherty Group was the next step in our approach to be a local manufacturer in New Zealand and Australia.” 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 important for small- and mid-sized contractors seeking high equipment utilisation, Thomas said. Kinshofer acquires New Zealand’s excavator attachment supplier New Zealand-based excavator attachment manufacturer, Doherty Group has been bought by excavator and loader crane attachments supplier Kinshofer. 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 localised 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 organisations. “The concentration of knowledge and competence between our companies provides a platform and expertise that will enable rapid and responsive product development to meet new customer challenges,” Jeremy Doherty, Doherty Group co-owner and Managing Director said. Visit: www.kinshofer.com The Doherty Group acquisition adds additional product segments to Kinshofer’s range For more information on how to find a cost-effective compaction tool for your jobsite, visit www.ammann.com MMP-1192-01-EN | © Ammann Group The Ammann light compaction product line comes in all shapes and sizes, just like the jobsites you work on. The product diversity ensures you have a perfect fit for virtually any application, creating efficiencies that impact your bottom line. FROM RAMMERS TO ROLLERS, THE LIGHT COMPACTION TOOL YOU NEED.