Wacker Neuson completes Enar acquisition

By Belinda Smart06 June 2022

German light and compact equipment manufacturer Wacker Neuson has concluded an agreement with the majority owners of Spanish concrete compaction specialist Enarco S.A. to acquire 100% of the Enar Group.

Wacker Neuson will manage Enar (pictured) as an independent brand. (Photo: Enar website.)

The transaction was executed on 1 June 2022, meaning Enar is now part of the Wacker Neuson Group.

Headquartered in Zaragoza, Spain, Enar manufactures light construction equipment, and is specialised in concrete compaction.

Alongside a range of internal vibrators for concrete, it offers vibratory plates, rammers and walk-behind rollers for soil and asphalt compaction.

Wacker Neuson said the alliance will further strengthen its market position and extend its international reach, particularly in the field of concrete technology.

It is understood The Wacker Neuson Group will manage Enar as an independent brand due to its strong market position and high levels of consumer acceptance for its products.

Wacker Neuson Director Market Development, Markus Einsele - a concrete technology specialist who has been with Wacker Neuson for seven years - and David Gascon, CEO of Enar, took the reins as joint directors on 1 June.

“I am delighted that this transaction has now been completed and we can get started,” said Einsele.

“Enar ideally complements Wacker Neuson’s offering in the rapidly growing concrete technology market, enabling us to offer our customers the right product regardless of their needs.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
LGMG restructures N.A. operations
LGMG to relocate N.A. headquarters, build $140 million manufacturing facility in Mexico for access equipment 
Dingli sets delivery records
Company beats own record for international deliveries, with large proportion being electric RTs. 
50% of construction workers have seen ‘obvious discrimination’
New report reveals that the depth of discrimination issues in the construction industry 
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA