Wirtgen Group Acquires Majority Stake in Benninghoven
Wirtgen Group has acquired a 70% stake in Benninghoven GmbH & Co. KG, located in Mülheim, Germany. Benninghoven is a successful manufacturer of asphalt mixing plants with a long-standing tradition.
Wirtgen Group, with its leading product brands Wirtgen, Vögele, Hamm and Kleemann, now includes another technologically leading company which complements the product portfolio in an ideal way.
With the addition of Benninghoven, Wirtgen Group is now able to offer one-stop solutions to its customers including all processes starting with the crushing of rocks, through the mixing of asphalt to laying, compacting and rehabilitating pavement structures.
The world-wide network of Wirtgen Group with 55 own subsidiaries and more than 150 dealers will step-by-step open additional markets to Benninghoven. The focus will be placed on a fast and competent support of its customers in service as well as in application support.
The Benninghoven family has herewith taken the opportunity to secure the continuity and further development of their company in a stable and larger group. The managing director, Bernd Benninghoven will continue to shape the future of the company in unison with his management team.
Together with the experienced and qualified Benninghoven team, Wirtgen Group is looking forward to further push joint growth.
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