The Wacker Neuson Group has concluded an agreement with the majority owners of Spanish company Enarco to acquire 100 percent of the Enar Group.
Markus Einsele, who has been with Wacker Neuson for seven years and is specialized in concrete technology, and David Gascon, CEO of Enar, will take the reins as joint directors on June 1, 2022.
“I am delighted that this transaction has now been completed and we can get started,” Einsele said. “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.”
Enar is a manufacturer of light construction equipment, specialized in concrete compaction. Alongside a wide range of internal vibrators for concrete, the company’s product portfolio also covers vibratory plates, rammers, and walk-behind rollers for soil and asphalt compaction.
Wacker Neuson Group will manage Enar as an independent brand.
Source: Wacker Neuson
