Kaup will acquire Attollo Australia

European attachment manufacturer Kaup & Co GmbH will acquire its Australian distributor.

Kaup will buy Attollo Australia to form Kaup Australia Pty Ltd.

Attollo Australia, which has engineering and manufacturing facilities in Brisbane, has been the Kaup distributor to the Australian and New Zealand market since 2005. Attollo has gathered over 40 years of engineering designs of the local market and has been manufacturing since 2001.

"It is a natural that Kaup take the next step and combine our forces even closer with Attollo" says Holger Kaup, managing director of Kaup & Co GmbH. "Kaup are strong in serial products and has good contacts with the manufacturers, while

Attollo has a lot of experience in special solutions and are close to the local sales force, together we can cover all areas".

"It is a great day for the Australian and New Zealand market," says Stefan Marschner, managing director of Kaup Australia. "Kaup Australia brings to the industry a global brand and a wealth of attachment knowledge.

"I believe combining the experience of Kaup with the local knowledge of Attollo will only strengthen the options the industry have."

The deal takes effect on March 1, and the purchase price was not disclosed.

Kaup Australia says it is committed to keeping the local engineering and manufacturing infrastructure in Brisbane to support the local industry.