Lehnhoff Hartstahl Announces Successful Company Succession with KOMATSU

The owner family Lehnhoff has decided to sell all shares of the Lehnhoff group to KOMATSU’s European subsidiary. A corresponding agreement was signed on November 6, 2015 resulting in KOMATSU being the new owner of Lehnhoff Hartstahl GmbH & Co. KG, subject to the approvals of the relevant merger control authorities.

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This transaction is of great vantage for both companies:

Whilst Lehnhoff is able to directly benefit from KOMATSU’s global presence and its financial and technological strength, KOMATSU can expand its product portfolio by Lehnhoff’s innovative products.

“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," remarked Peter A. Lehnhoff, current owner and CEO of Lehnhoff Hartstahl GmbH & Co. KG. "With this strategic decision we see Lehnhoff Hartstahl best positioned for the future."

The brand Lehnhoff will remain an unaffected symbol for innovative products in the field of construction equipment. Also with KOMATSU as a new owner, Lehnhoff Hartstahl will stay a provider for all manufacturers.

The change of ownership will not have any impact on the approximately 180 employees of Lehnhoff Hartstahl.

Both companies will benefit from this merger by combining their expertise, technology and extensive distribution networks.