NPK Construction Equipment purchases Genesis AttachmentsPublished 27/6, 2019 at 17:09
NPK Construction Equipment (NPKCE), a subsidiary of Nippon Pneumatic Mfg. Co. Ltd (NPK Japan), has announced the purchase of Genesis Attachments LLC (USA), Genesis Holdings (Germany), and Genesis GmbH (Germany).
A major reason for the acquisition is Genesis’s distribution network and dedicated employees. Genesis’s scrap processing, demolition, and material handling attachments are well engineered, high quality products with an outstanding reputation in the marketplace. The acquisition of Genesis by NPK is aimed at making both companies stronger, with the expertise, experience, culture and company spirit of both businesses benefiting the combined customers and dealers, both nationally and globally.
Genesis Attachments LLC was founded in 1997 and is based in Superior, Wisconsin. Genesis GmbH was founded in 2002 as the European licensee and exclusive sales partner of Genesis Attachments LLC. High quality manufacturing facilities are located in Superior, where 117 people are employed, whilst the counterparts in Europe have an additional 15 employees. As Genesis has been a market leader for many years, NPK does not plan on making significant changes to the business, but rather aims to combine with Genesis to continue improving the experience for dealers and end users alike.
Nippon Pneumatic Mfg. Co. Ltd was founded in the early part of the 20th century selling pneumatic tools. It has been designing and manufacturing construction equipment attachments since the late 1950’s, and in 1975 NPK Europa B.V. was established in Rotterdam, Holland. By the mid 80’s, NPK was well-established as a manufacturer of hydraulic hammers, crushers / pulverisers, shears and pile drivers. In 1985 NPKCE was established to provide exclusive distribution and product support for the western hemisphere, quickly building an extensive dealer network.
In the years since, NPKCE has added manufacturing and machining facilities, transforming the company into a fully-fledged designer, manufacturer, and assembler of quality C&D attachments and pedestal boom systems. In 2013, NPKCE entered into a partnership with the German mining equipment manufacturer, Hermann Paus Maschinenfabrik, serving as the exclusive distributor of Paus mining vehicles in the United States and Canada. This lead to the establishment of NPK Mining Equipment LLC in 2018, and the launch of a new branch in Elko, NV dedicated to the sale and service of Paus vehicles in the West.
NPK worldwide has maintained the philosophy that with enough diverse products and industries, the company can withstand the challenges that every industry encounters over time. Through acquisitions, mergers, expanded products, and various new products NPK has continually worked to exceed customer expectations.