Topcon Announces Acquisition of Leading In-Cab Mounted Console Manufacturer

Nov. 21, 2014

LIVERMORE, Calif., USA/ CAPELLE A/D IJSSEL, The Netherlands ““ Topcon Positioning Group announces the complete acquisition of Wachendorff Elektronik GmbH and Wachendorff Electronics Inc. in a private transaction.

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

Ray O’Connor, Topcon Positioning Group president and CEO said, “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. 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.”

Of the acquisition, Peter Wachendorff, president and CEO of Wachendorff Elektronik GmbH and Wachendorff Electronics said, “We are happy to have the opportunity to join the Topcon family – this will help us expand the offering of products to our customers.”

Albert Zahalka, president of Topcon Precision Agriculture and leader of the acquisition team said, “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.”

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