Company acquisition
Hubtex Group takes over Genkinger GmbH
The Hubtex Group has acquired 100 percent of the shares in Genkinger GmbH, based in Münsingen. The aim of this acquisition is to further strengthen the individual brands internationally and to utilize synergies across locations.
"With the integration of Genkinger into the Hubtex Group, we are taking an important step towards international expansion and can bundle our expertise in the field of industrial trucks, special vehicles and special attachments even better," explains Hans-Joachim Finger, Managing Director of the Hubtex Group. Maintaining the jobs of the specialists at the respective locations and expanding them is also part of the company's growth strategy. "We attach great importance to retaining the existing teams and creating additional jobs through our growth," emphasizes Marco Goldbach, also Managing Director of the Hubtex Group.
Genkinger: Specialist for special industrial trucks
Genkinger GmbH has established itself as a specialist for customized special industrial trucks. Combining the expertise of the two companies will enable them to offer customers an even broader range of solutions and improved service. Previously, the Hubtex Group consisted of Hubtex-Maschinenbau GmbH in Fulda, Dimos Maschinenbau GmbH in Fulda-Petersberg and stabau GmbH in Meschede.
"The collaboration between Genkinger and Hubtex opens up new opportunities for innovative solutions and technological advancements. Our customers will benefit from an even greater variety of products and improved services," adds Richard Ludwig, Managing Director of Genkinger GmbH.
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