NPK Construction Equipment (NPKCE), a subsidiary of Nippon Pneumatic Mfg. Co. LTD (NPK Japan), recently announced it has purchased Genesis Attachments LLC (USA), Genesis Holdings (Germany) and Genesis GmbH (Germany).
In the release, NPK President Dan Tyrrell said, “We are very excited about this new partnership because, like NPK, Genesis is a market leading attachment supplier with a focus on quality products. Genesis has a great distribution network and an incredible group of dedicated employees. Genesis’s scrap processing, demolition and material handling attachments are well-engineered high quality products with an outstanding reputation with their customers in the marketplace. The acquisition of Genesis will make both companies stronger.”
Tyrrell went on to say that the expertise, experience, culture and the company spirit of both businesses will benefit all customers and dealers, both nationally and globally.
Genesis Attachments LLC was founded in 1997 and is based in Superior, WI. Genesis GmbH was founded in 2002 as the European licensee and exclusive sales partner of Genesis Attachments LLC. The manufacturing facility in Superior, WI, has 117 employees while their counterparts in Europe have an additional 15.
According to Tyrell, NPK doesn’t plan on making changes to the business model, but rather plans on coming together 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 and has been designing and manufacturing construction equipment attachments since the late 1950s. In 1975 NPK Europa B.V. was established in Rotterdam, Holland, to expand sales channels in the European community. By the mid-1980s, NPK was a well established, highly reputable manufacturer of hydraulic hammers, crushers/pulverizers, shears and pile drivers.
In 1985 NPKCE was established to provide exclusive distribution and product support for the western hemisphere. Shortly after its inception, NPKCE quickly built an extensive dealer network for product distribution.
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.