Rockwheel owner to buy Hartl CrusherPublished 16/9, 2019 at 14:20
Rotary cutter manufacturer Rokla has expanded into the crusher and screening bucket sector with the acquisition of Hartl German rotary cutter manufacturer Rokla GmbH, which operates under the Rockwheel name, has announced its acquisition of Austrian crusher and screening bucket specialist Hartl Engineering & Marketing GmbH.
The deal, which became effective on 27 June 2019, includes the use of the Hartl brand, inventory and intellectual property. No redundancies are expected as a result of this announcement, and the sale price is not being disclosed. For clarity, the Hartl family’s Modular Solutions Division is not included in the deal.
Based in Langenburg, Germany, Rokla has been manufacturing and marketing rotary cutters under the Rockwheel brand since 2013, and has been ranked among the fastest growing construction equipment companies in Germany. “The market for Hartl’s product offering has developed well 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 complimentary, making the rationale behind the deal even more compelling for customers.”
Dominik Hartl said of the acquisition: “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.” Alexander Hartl further commented that the rationale behind the decision to exit the attachment segment was to free up resources to concentrate on the family‘s expanding Xelectrix energy storage brand.