Topcon Acquires in-Cab Mounted Console Manufacturer

November 20, 2014  - By
Image: GPS World

Topcon Positioning Group has completed the acquisition of Wachendorff Elektronik GmbH and Wachendorff Electronics Inc. in a private transaction.

Wachendorff Elektronik GmbH and its U.S. subsidiary Wachendorff Electronics, Inc., are manufacturers of in-cabin mounted consoles for the industrial vehicle market in the agricultural and construction industries.

“This acquisition is a key ingredient of our global strategy to strengthen our ability to serve original equipment manufacturers (OEM) and establish the foundation for Topcon manufacturing in Europe,” said Ray O’Connor, Topcon Positioning Group president and CEO. “This world-class facility in Germany is second-to-none in its operational quality, employee dedication, and astute leadership — all of the characteristics needed to exceed the high-precision standards required for our industry.”

“This transaction is an example of our commitment to expand our portfolio of high-quality products and become the world’s leading provider of in-cab consoles for the agricultural and construction OEM markets,” said Albert Zahalka, president of Topcon Precision Agriculture and leader of the acquisition team.

The Wachendorff family founded Wachendorff Prozesstechnik GmbH & Co KG in Geisenheim, Germany in 1978. Wachendorff Elektronik was founded in 1985.

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